0001104659-25-024061.txt : 20250314 0001104659-25-024061.hdr.sgml : 20250314 20250314181524 ACCESSION NUMBER: 0001104659-25-024061 CONFORMED SUBMISSION TYPE: SCHEDULE 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20250314 DATE AS OF CHANGE: 20250314 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Frontier Communications Parent, Inc. CENTRAL INDEX KEY: 0000020520 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 862359749 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-37190 FILM NUMBER: 25741636 BUSINESS ADDRESS: STREET 1: 1919 MCKINNEY AVENUE CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2036145600 MAIL ADDRESS: STREET 1: 1919 MCKINNEY AVENUE CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: FRONTIER COMMUNICATIONS CORP DATE OF NAME CHANGE: 20080730 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS COMMUNICATIONS CO DATE OF NAME CHANGE: 20000619 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS UTILITIES CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARES MANAGEMENT LLC CENTRAL INDEX KEY: 0001259313 ORGANIZATION NAME: IRS NUMBER: 010605583 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13D/A BUSINESS ADDRESS: STREET 1: 1800 AVENUE OF THE STARS STREET 2: SUITE 1400 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 1800 AVENUE OF THE STARS STREET 2: SUITE 1400 CITY: LOS ANGELES STATE: CA ZIP: 90067 SCHEDULE 13D/A 1 primary_doc.xml SCHEDULE 13D/A 0001104659-23-065438 0001259313 XXXXXXXX LIVE 3 Common Stock, $0.01 par value 03/12/2025 true 0000020520 35909D109 Frontier Communications Parent, Inc.

1919 McKinney Avenue Dallas TX 75201

Naseem Sagati Aghili (310) 201-4100 1800 Avenue of the Stars Suite 1400 Los Angeles CA 90067 0001259313 N Ares Management LLC b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 OO Limited Liability Company 0001862494 N ACOF VI Frontier AIV A1, L.P. b WC N DE 0.00 77016.00 0.00 77016.00 77016.00 N 0.03 PN 0001862499 N ACOF VI Frontier AIV A2, L.P. b WC N DE 0.00 27619.00 0.00 27619.00 27619.00 N 0.01 PN 0001862534 N ACOF VI Frontier AIV A3, L.P. b WC N DE 0.00 6444.00 0.00 6444.00 6444.00 N 0.003 PN 0001862529 N ACOF VI Frontier AIV A4, L.P. b WC N DE 0.00 83776.00 0.00 83776.00 83776.00 N 0.03 PN 0001862526 N ACOF VI Frontier AIV A5, L.P. b WC N DE 0.00 92060.00 0.00 92060.00 92060.00 N 0.04 PN 0001862483 N ACOF VI Frontier AIV A6 L.P. b WC N DE 0.00 51555.00 0.00 51555.00 51555.00 N 0.02 PN 0001862482 N ACOF VI Frontier AIV A7 L.P. b WC N DE 0.00 93297.00 0.00 93297.00 93297.00 N 0.04 PN 0001862505 N ACOF VI Frontier AIV A8 L.P. b WC N DE 0.00 93719.00 0.00 93719.00 93719.00 N 0.04 PN 0001862533 N ACOF VI Frontier AIV A9 L.P. b WC N DE 0.00 88010.00 0.00 88010.00 88010.00 N 0.04 PN 0001862532 N ACOF VI Frontier AIV A10 L.P. b WC N DE 0.00 27831.00 0.00 27831.00 27831.00 N 0.01 PN 0001862531 N ACOF VI Frontier AIV B1 L.P. b WC N DE 0.00 4645560.00 0.00 4645560.00 4645560.00 N 1.9 PN 0001684171 N ACOF Investment Management LLC b WC N DE 0.00 5286887.00 0.00 5286887.00 5286887.00 N 2.1 OO Limited Liability Company 0001862530 N ASOF Frontier AIV A1, L.P. b WC N DE 0.00 89662.00 0.00 89662.00 89662.00 N 0.04 PN 0001862528 N ASOF Frontier AIV A2, L.P. b WC N DE 0.00 15311.00 0.00 15311.00 15311.00 N 0.01 PN 0001862527 N ASOF Frontier AIV A3, L.P. b WC N DE 0.00 705494.00 0.00 705494.00 705494.00 N 0.3 PN 0001862507 N ASOF Frontier AIV A4, L.P. b WC N DE 0.00 239324.00 0.00 239324.00 239324.00 N 0.1 PN 0001862523 N ASOF Frontier AIV A5, L.P. b WC N DE 0.00 141942.00 0.00 141942.00 141942.00 N 0.1 PN 0001862521 N ASOF Frontier AIV A6, L.P. b WC N DE 0.00 248053.00 0.00 248053.00 248053.00 N 0.1 PN 0001862519 N ASOF Frontier AIV A7 L.P. b WC N DE 0.00 245754.00 0.00 245754.00 245754.00 N 0.1 PN 0001862515 N ASOF Frontier AIV A8 L.P. b WC N DE 0.00 202116.00 0.00 202116.00 202116.00 N 0.1 PN 0001862514 N ASOF Frontier AIV A9, L.P. b WC N DE 0.00 306236.00 0.00 306236.00 306236.00 N 0.1 PN 0001862512 N ASOF Frontier AIV A10, L.P. b WC N DE 0.00 220491.00 0.00 220491.00 220491.00 N 0.1 PN 0001862511 N ASOF Frontier AIV A11, L.P. b WC N DE 0.00 208239.00 0.00 208239.00 208239.00 N 0.1 PN 0001862508 N ASOF Frontier AIV B1, L.P. b WC N DE 0.00 8149651.00 0.00 8149651.00 8149651.00 N 3.3 PN 0001969499 N ASOF II Frontier Holdings 1 L.P. b WC N DE 0.00 2003418.00 0.00 2003418.00 2003418.00 N 0.8 PN 0001969425 N ASOF II Frontier Holdings 2 L.P. b WC N DE 0.00 96560.00 0.00 96560.00 96560.00 N 0.04 PN 0001969497 N ASOF II Frontier Holdings 3 L.P. b WC N DE 0.00 107553.00 0.00 107553.00 107553.00 N 0.04 PN 0001969484 N ASOF II Frontier Holdings 4 L.P. b WC N DE 0.00 104240.00 0.00 104240.00 104240.00 N 0.04 PN 0001969483 N ASOF II Frontier Holdings 5 L.P. b WC N DE 0.00 103240.00 0.00 103240.00 103240.00 N 0.04 PN 0001969504 N ASOF II Frontier Holdings 6 L.P. b WC N DE 0.00 109407.00 0.00 109407.00 109407.00 N 0.04 PN 0001969508 N ASOF II Frontier Holdings 7 L.P. b WC N DE 0.00 109675.00 0.00 109675.00 109675.00 N 0.04 PN 0001969507 N ASOF II A (DE) Frontier Holdings 1 L.P. b WC N DE 0.00 479922.00 0.00 479922.00 479922.00 N 0.2 PN 0001969506 N ASOF II A (DE) Frontier Holdings 2 L.P. b WC N DE 0.00 17664.00 0.00 17664.00 17664.00 N 0.01 PN 0001793548 N ASOF Investment Management LLC b WC N DE 0.00 13903952.00 0.00 13903952.00 13903952.00 N 5.6 OO Limited Liability Company 0001757327 N ASSF IV AIV B Holdings III, L.P. b WC N DE 0.00 803647.00 0.00 803647.00 803647.00 N 0.3 PN 0001862592 N ASSF IV AIV B, L.P. b WC N DE 0.00 1595307.00 0.00 1595307.00 1595307.00 N 0.6 PN 0001683967 N ASSF Operating Manager IV L.P. b WC N DE 0.00 1595307.00 0.00 1595307.00 1595307.00 N 0.6 PN 0001536937 N Ares Management Holdings L.P. b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 PN 0001669983 N Ares Holdco LLC b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 OO Limited Liability Company 0001176948 N Ares Management Corporation b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 CO 0001761656 N Ares Voting LLC b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 OO Limited Liability Company 0001620264 N Ares Management GP LLC b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 OO Limited Liability Company 0001620263 N Ares Partners Holdco LLC b WC N DE 0.00 20805156.00 0.00 20805156.00 20805156.00 N 8.3 OO Limited Liability Company Common Stock, $0.01 par value Frontier Communications Parent, Inc. 1919 McKinney Avenue Dallas TX 75201 This Amendment No. 3 to Schedule 13D (this "Amendment No. 3") amends and supplements the statement on Schedule 13D filed with the United States Securities and Exchange Commission on May 26, 2023 (as amended to date, the "Schedule 13D"), relating to the common stock, par value $0.01 per share (the "Common Stock"), of Frontier Communications Parent, Inc., a Delaware corporation (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D. 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) 77,016 shares held by ACOF VI Frontier AIV A1, L.P.; (ii) 27,619 shares held by ACOF VI Frontier AIV A2, L.P.; (iii) 6,444 shares held by ACOF VI Frontier AIV A3, L.P.; (iv) 83,776 shares held by ACOF VI Frontier AIV A4, L.P.; (v) 92,060 shares held by ACOF VI Frontier AIV A5, L.P.; (vi) 51,555 shares held by ACOF VI Frontier AIV A6, L.P.; (vii) 93,297 shares held by ACOF VI Frontier AIV A7, L.P.; (viii) 93,719 shares held by ACOF VI Frontier AIV A8, L.P.; (ix) 88,010 shares held by ACOF VI Frontier AIV A9, L.P.; (x) 27,831 shares held by ACOF VI Frontier AIV A10, L.P.; (xi) 4,645,560 shares held by ACOF VI Frontier AIV B1, L.P. (together with the foregoing entities, the "ACOF VI Funds"); (xii) 89,662 shares held by ASOF Frontier AIV A1, L.P.; (xiii) 15,311 shares held by ASOF Frontier AIV A2, L.P.; (xiv) 705,494 shares held by ASOF Frontier AIV A3, L.P.; (xv) 239,324 shares held by ASOF Frontier AIV A4, L.P.; (xvi) 141,942 shares held by ASOF Frontier AIV A5, L.P.; (xvii) 248,053 shares held by ASOF Frontier AIV A6, L.P.; (xviii) 245,754 shares held by ASOF Frontier AIV A7, L.P.; (xix) 202,116 shares held by ASOF Frontier AIV A8, L.P.; (xx) 306,236 shares held by ASOF Frontier AIV A9, L.P.; (xxi) 220,491 shares held by ASOF Frontier AIV A10, L.P.; (xxii) 208,239 shares held by ASOF Frontier AIV A11, L.P.; (xxiii) 8,149,651 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) 803,647 shares held by ASSF IV AIV B Holdings III, L.P. and (xxxiv) 791,660 shares held by ASSF IV AIV B, L.P. (together with the foregoing entity, the "ASSF Funds"). Also includes 19,010 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 11, 2025 and March 12, 2025, the Reporting Persons and the accounts managed by Ares Management LLC disposed of an aggregate of 3,140,000 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 11, 2025 -Shares Disposed of: 900,000.00 -Price: $35.9265 March 12, 2025 -Shares Disposed of: 2,240,000.00 -Price: $35.8559 None. Not applicable. Ares Management LLC /s/ Anton Feingold 03/14/2025 ACOF VI Frontier AIV A1, L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A2, L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A3, L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A4, L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A5, L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A6 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A7 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A8 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A9 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV A10 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF VI Frontier AIV B1 L.P. By: ACOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ACOF Investment Management LLC /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A1, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A2, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A3, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A4, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A5, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A6, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A7 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A8 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A9, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A10, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV A11, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Frontier AIV B1, L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 1 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 2 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 3 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 4 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 5 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 6 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II Frontier Holdings 7 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II A (DE) Frontier Holdings 1 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF II A (DE) Frontier Holdings 2 L.P. By: ASOF Investment Management LLC, its manager, By: /s/ Evan Hoole 03/14/2025 ASOF Investment Management LLC /s/ Evan Hoole 03/14/2025 ASSF IV AIV B Holdings III, L.P. By: ASSF Operating Manager IV, L.P., its manager, By: /s/ Evan Hoole 03/14/2025 ASSF IV AIV B, L.P. By: ASSF Operating Manager IV, L.P., its manager, By: /s/ Evan Hoole 03/14/2025 ASSF Operating Manager IV L.P. /s/ Evan Hoole 03/14/2025 Ares Management Holdings L.P. By: Ares Holdco LLC, its general partner, By: /s/ Anton Feingold 03/14/2025 Ares Holdco LLC /s/ Anton Feingold 03/14/2025 Ares Management Corporation /s/ Anton Feingold 03/14/2025 Ares Voting LLC By: Ares Partners Holdco LLC, its sole member, By: /s/ Anton Feingold 03/14/2025 Ares Management GP LLC /s/ Anton Feingold 03/14/2025 Ares Partners Holdco LLC /s/ Anton Feingold 03/14/2025