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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
Freshly bankruptFrontier Communications (NASDAQ:FTR) has received interim approvals for all of its proposed "first day" motions to support its business operations.
The Bankruptcy Court for SDNY has authorized the company to continue paying wages and providing healthcare and other benefits, and to continue certain customer programs.
It will be able to tap $460M in debtor-in-possession financing along with more than $700M cash on hand. SA