By Linda Chiem ( February 17, 2015, 6:02 PM EST) -- Frontier Communications Corp. is angling to raise up to $7.9 billion in the junk bond and leveraged-loan markets to help finance its $10.5 billion purchase of landline assets from Verizon Communications Inc., Bloomberg reported Tuesday. The deal will be weighted toward unsecured notes and may include a seven-year term loan B of $1 billion to $1.5 billion, Frontier CFO John Jureller told Bloomberg, according to the report. Frontier also may seek a "modest" term loan A, a type of loan that's sold primarily to banks, while B loans are mainly bought by institutional investors....
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