Frontier Communications Announces Extension of the Early Tender Deadline With Respect to its Tender Offer for its 8.250% Senior Notes due 2017

STAMFORD, Conn.–(BUSINESS WIRE)– Frontier Communications Corporation (NAS: FTR) today announced that it has extended the early tender deadline from 5:00 p.m., New York City Time, on April 9, 2013 to 5:00 p.m., New York City Time, on April 11, 2013 with respect to its previously announced cash tender offer (the “Offer”) to purchase up to $225.0 million aggregate principal amount of its 8.250% Senior Notes due 2017 (the “2017 Notes”). The Company is not extending the withdrawal deadline with respect to the Offer for the 2017 Notes, which occurred on April 9, 2013 (the “Withdrawal Deadline“). Accordingly, previously tendered 2017 Notes and 2017 Notes tendered after the Withdrawal Deadline and prior to the expiration of the Offer may not be withdrawn. As previously announced, the Offer is scheduled to expire at 9:00 a.m., New York City Time, on April 24, 2013, unless extended or terminated.

Frontier has retained J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and RBS Securities Inc. to serve as dealer managers for the Offer. Frontier has retained MacKenzie Partners, Inc. to serve as the depositary and information agent.

For additional information regarding the terms of the Offer, please contact J.P. Morgan Securities LLC at (800) 245-8812 (toll free) or (212) 270-1200 (collect), Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581 (collect), BofA Merrill Lynch at (888) 292-0070 (toll free) or (646) 855-3401 (collect), Citigroup Global Markets Inc. at (800) 558-3745 (toll free) or (212) 723-6106 (collect), Credit Suisse Securities (USA) LLC at (800) 820-1653 (toll free) or (212) 538-0083 (collect), Deutsche Bank Securities Inc. at (866) 627-0391 (toll free) or (212) 250-7527 (collect), Morgan Stanley & Co. LLC at (800) 624-1808 (toll free) or (212) 761-1057 (collect) or RBS Securities Inc. at (877) 297-9832 (toll free) or (203) 897-4825 (collect). Requests for documents and questions regarding the tender of the 2017 Notes may be directed to MacKenzie Partners, Inc. at (800) 322-2885 (toll free) or (212) 929-5500 (collect).

None of Frontier, Frontier’s board of directors, any of the dealer managers, the depositary and information agent and the trustee under the 2017 Notes makes any recommendation in connection with the Offer. Holders must make their own decisions as to whether to tender their 2017 Notes, and, if so, the principal amount of 2017 Notes to tender.

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Source: FULL ARTICLE at DailyFinance