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Frontier Communications Corporation Message Board

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  • m.swanger m.swanger Feb 8, 2012 7:45 PM Flag

    Frontier's debt

     

    I might add the borrower is beholden to the debt holder. This company must lower its debt especially in a society awash in debt. This company is not going to be bought out so the need to maintain high debt to remain an ongoing company is nonexistant. The venture capitalists are not going to come in and do a leverage deal,etc. As a stockholder, I knowingly bought into a highly debt ridden co. However I also had faith Maggie and the board would reduce that debt and reduce the dividend(for the short term). I also expect her to do other deals in the near term and less debt now the better to be able to take on additional debt down the road. Thanks

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