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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
Such a default under the Credit Facility is also an event of default under the Senior Notes. Further, in connection with management’s negotiations with its creditors, Brinks Home Security did not make its Senior Notes interest payment due on April 1, 2019. The indenture governing the Senior Notes provides for a 30-day cure period on past due interest payments. If an event of default occurs and is continuing under the indenture governing the Senior Notes, the holders of the Senior Notes may declare the aggregate principal amount of the Senior Notes and any accrued interest on the Senior Notes to be immediately due and payable.
Summary
Frontier "established a transformation program with the objective of improving revenues, profitability, and cash flows by enhancing our operations and customer service and support processes."
CEO of Frontier Daniel J. McCarthy has named the transformation program the "Journey Forward"
The CEO indicated Q1 top line would be great 2/3 through Q1, so I'm betting he's right.