Frontier Communications Parent, Inc.
6.40%
43,345,217
20520
35909D109
Mar 16, 2025
Mar 19, 2025, 04:30 PM
Reporting Persons (44)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Ares Management LLC | Other | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Partners Holdco LLC | Other | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Management GP LLC | Other | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Voting LLC | Other | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Management Corporation | CO | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Holdco LLC | Other | 6.40% | 15,858,156 | 0 | 15,858,156 |
| Ares Management Holdings L.P. | Partnership | 6.40% | 15,858,156 | 0 | 15,858,156 |
| ASOF Investment Management LLC | Other | 4.40% | 10,888,678 | 0 | 10,888,678 |
| ASOF Frontier AIV B1, L.P. | Partnership | 2.40% | 5,868,475 | 0 | 5,868,475 |
| ACOF Investment Management LLC | Other | 1.50% | 3,807,027 | 0 | 3,807,027 |
| ACOF VI Frontier AIV B1 L.P. | Partnership | 1.30% | 43,345,217 | 0 | 3,345,217 |
| ASOF II Frontier Holdings 1 L.P. | Partnership | 0.80% | 2,003,418 | 0 | 2,003,418 |
| ASSF Operating Manager IV L.P. | Partnership | 0.50% | 1,148,763 | 0 | 1,148,763 |
| ASSF IV AIV B, L.P. | Partnership | 0.50% | 1,148,763 | 0 | 1,148,763 |
| ASSF IV AIV B Holdings III, L.P. | Partnership | 0.20% | 578,698 | 0 | 578,698 |
| ASOF II A (DE) Frontier Holdings 1 L.P. | Partnership | 0.20% | 479,922 | 0 | 479,922 |
| ASOF Frontier AIV A3, L.P. | Partnership | 0.20% | 508,018 | 0 | 508,018 |
| ASOF Frontier AIV A4, L.P. | Partnership | 0.10% | 172,335 | 0 | 172,335 |
| ASOF Frontier AIV A6, L.P. | Partnership | 0.10% | 178,620 | 0 | 178,620 |
| ASOF Frontier AIV A7 L.P. | Partnership | 0.10% | 176,965 | 0 | 176,965 |
| ASOF Frontier AIV A8 L.P. | Partnership | 0.10% | 145,541 | 0 | 145,541 |
| ASOF Frontier AIV A9, L.P. | Partnership | 0.10% | 220,517 | 0 | 220,517 |
| ASOF Frontier AIV A10, L.P. | Partnership | 0.10% | 158,773 | 0 | 158,773 |
| ASOF Frontier AIV A11, L.P. | Partnership | 0.10% | 149,954 | 0 | 149,954 |
| ASOF II Frontier Holdings 3 L.P. | Partnership | 0.04% | 107,553 | 0 | 107,553 |
| ASOF Frontier AIV A5, L.P. | Partnership | 0.04% | 102,211 | 0 | 102,211 |
| ASOF II Frontier Holdings 2 L.P. | Partnership | 0.04% | 96,560 | 0 | 96,560 |
| ASOF II Frontier Holdings 4 L.P. | Partnership | 0.04% | 104,240 | 0 | 104,240 |
| ASOF II Frontier Holdings 5 L.P. | Partnership | 0.04% | 103,240 | 0 | 103,240 |
| ASOF II Frontier Holdings 6 L.P. | Partnership | 0.04% | 109,407 | 0 | 109,407 |
| ASOF II Frontier Holdings 7 L.P. | Partnership | 0.04% | 109,675 | 0 | 109,675 |
| ACOF VI Frontier AIV A8 L.P. | Partnership | 0.03% | 67,486 | 0 | 67,486 |
| ASOF Frontier AIV A1, L.P. | Partnership | 0.03% | 64,565 | 0 | 64,565 |
| ACOF VI Frontier AIV A5, L.P. | Partnership | 0.03% | 66,291 | 0 | 66,291 |
| ACOF VI Frontier AIV A7 L.P. | Partnership | 0.03% | 67,182 | 0 | 67,182 |
| ACOF VI Frontier AIV A9 L.P. | Partnership | 0.03% | 63,375 | 0 | 63,375 |
| ACOF VI Frontier AIV A1, L.P. | Partnership | 0.02% | 55,458 | 0 | 55,458 |
| ACOF VI Frontier AIV A4, L.P. | Partnership | 0.02% | 60,326 | 0 | 60,326 |
| ACOF VI Frontier AIV A6 L.P. | Partnership | 0.01% | 37,124 | 0 | 37,124 |
| ASOF II A (DE) Frontier Holdings 2 L.P. | Partnership | 0.01% | 17,664 | 0 | 17,664 |
| ACOF VI Frontier AIV A2, L.P. | Partnership | 0.01% | 19,888 | 0 | 19,888 |
| ACOF VI Frontier AIV A10 L.P. | Partnership | 0.01% | 20,040 | 0 | 20,040 |
| ASOF Frontier AIV A2, L.P. | Partnership | 0.00% | 11,025 | 0 | 11,025 |
| ACOF VI Frontier AIV A3, L.P. | Partnership | 0.00% | 4,640 | 0 | 4,640 |
Disclosure Items (2)
Common Stock, $0.01 par value
Frontier Communications Parent, Inc.
1919 McKinney Avenue, Dallas, TX, 75201
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) The information contained on the cover pages is incorporated by reference to this Item 5. The percentages on the cover pages are based on 249,701,000 shares of Common Stock outstanding as of February 17, 2025, as disclosed in the Issuer's annual report on Form 10-K filed with the Securities and Exchange Commission on February 20, 2025.
The information contained on the cover pages is incorporated by reference to this Item 5. The amounts reported herein include (i) 55,458 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 19,888 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 4,640 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 60,326 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 66,291 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 37,124 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 67,182 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 67,486 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 63,375 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 20,040 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 3,345,217 shares held by ACOF VI Frontier AIV B1, L.P. (together with the foregoing entities, the "ACOF VI Funds"); (xii) 64,565 shares held by ASOF Frontier AIV A1, L.P.; (xiii) 11,025 shares held by ASOF Frontier AIV A2, L.P.; (xiv) 508,018 shares held by ASOF Frontier AIV A3, L.P.; (xv) 172,335 shares held by ASOF Frontier AIV A4, L.P.; (xvi) 102,211 shares held by ASOF Frontier AIV A5, L.P.; (xvii) 178,620 shares held by ASOF Frontier AIV A6, L.P.; (xviii) 176,965 shares held by ASOF Frontier AIV A7, L.P.; (xix) 145,541 shares held by ASOF Frontier AIV A8, L.P.; (xx) 220,517 shares held by ASOF Frontier AIV A9, L.P.; (xxi) 158,773 shares held by ASOF Frontier AIV A10, L.P.; (xxii) 149,954 shares held by ASOF Frontier AIV A11, L.P.; (xxiii) 5,868,475 shares held by ASOF Frontier AIV B1, L.P. (together with the foregoing entities, the "ASOF Funds"); (xxiv) 2,003,418 shares held by ASOF II Frontier Holdings 1 L.P.; (xxv) 96,560 shares held by ASOF II Frontier Holdings 2 L.P.; (xxvi) 107,553 shares held by ASOF II Frontier Holdings 3 L.P.; (xxvii) 104,240 shares held by ASOF II Frontier Holdings 4 L.P.; (xxviii) 103,240 shares held by ASOF II Frontier Holdings 5 L.P.; (xxix) 109,407 shares held by ASOF II Frontier Holdings 6 L.P.; (xxx) 109,675 shares held by ASOF II Frontier Holdings 7 L.P.; (xxxi) 479,922 shares held by ASOF II A (DE) Frontier Holdings 1 L.P.; (xxxii) 17,664 shares held by ASOF II A (DE) Frontier Holdings 2 L.P. (together with the foregoing entities, the "ASOF II Funds"); (xxxiii) 578,698 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 570,065 shares held by ASSF IV AIV B, L.P. (together with the foregoing entity, the "ASSF Funds"). Also includes 13,688 shares held by accounts managed by Ares Management LLC, with respect to which each of Ares Management Holdings L.P., Ares Holdco LLC, Ares Management Corporation, Ares Voting LLC, Ares Management GP LLC, and Ares Partners Holdco LLC may be deemed to share voting or dispositive power. Ares Partners Holdco LLC is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which together are the majority shareholders of Ares Management Corporation. Ares Management Corporation is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings LP, which is the sole member of Ares Management LLC, which is (a) the sole member of ACOF Investment Management LLC, which is the manager of the ACOF VI Funds, (b) the sole member of ASOF Investment Management LLC, which is the manager of the ASOF Funds and ASOF II Funds and (c) the general partner of ASSF Operating Manager IV, L.P., which is the manager of the ASSF Funds. Each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners Holdco LLC is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners Holdco LLC.
On March 13, 2025 through March 17, 2025, the Reporting Persons and the accounts managed by Ares Management LLC disposed of an aggregate of 4,947,000 shares of Common Stock in a series of transactions. Details by date, listing the number of shares of Common Stock disposed of and the price per share, are provided below. The Reporting Persons undertake to provide, upon request by the staff of the SEC or the Issuer, full information regarding the number of shares sold at each separate price for each transaction. March 13, 2025 -Shares Disposed of: 1,000,000 -Price: $35.8690 March 14, 2025 -Shares Disposed of: 1,325,000 -Price: $35.8495 March 17, 2025 -Shares Disposed of: 2,622,000 -Price: $35.8175
None.
Not applicable.