The US Bankruptcy Court approved the fifth amended plan of reorganization of Frontier Communications Corporation on August 27, 2020. The debtor has filed its fifth amended plan in the Court on August 21, 2020. As per the fifth amended plan, administrative claims, professional fee claims, DIP Claims of $460 million and priority tax claims shall be paid in full in cash. There is no secured tax claims. Other secured claims shall either be paid in full in cash or reinstated or delivered the collateral securing such claim or such other treatment that renders the claim unimpaired. Other priority claims shall either be paid in full in cash or such other treatment that renders the claim unimpaired. Revolving credit claims of $0.75 million shall receive payment in full in cash on the plus ordinary course cash interest payments. Term loan claims of $1.69 million, first lien notes claims of $1.65 million and second lien notes claims of $1.65 million shall receive the payment in full in cash by effective date. The unpaid amount shall also be paid in cash but in case the debtors is not able to procure financing on terms acceptable to the debtors and the required consenting noteholders, term loan shall be reinstated. Subsidiary secured notes claims of $0.11 million and subsidiary unsecured notes claims of $0.75 million shall be reinstated. Senior notes claims of $10.95 billion shall receive its pro rata share of and interest in the incremental payment amount and interest in 100% of reorganized Frontier’s new common stock, the takeback debt, if any and the surplus cash. General unsecured claims of $0.08 million shall either be paid in full in cash or reinstated or such other treatment rendering such holder’s allowed general unsecured claim unimpaired. 2020 April notes are estimated to be $172.09 million, 2020 September notes are estimated to be $54.64 million, 2021 July notes are estimated to be $89.27 million, 2021 September notes are estimated to be $219. 72 million, 2022 September notes are estimated to be $2187.54 million, 2026 notes are estimated to be $1.74 million, 2027 notes are estimated to be $345.86 million, 2031 notes are estimated to be $945.33 million, 2034 notes are estimated to be $0.63 million and 2046 notes are estimated to be $193.50 million. All the senior notes claims of $10.95 billion shall be recovered 45% i.e. $4.93 billion. Section 510(b) claims shall be cancelled. Intercompany claims and intercompany interests shall either be reinstated or cancelled. Interests in frontier shall be cancelled, extinguished and released. The plan will be funded from available cash, the new common stock, the exit facility of $600 million, takeback debt of $750 million, and third-party market financing.