On December 17, 2012, FairPoint Communications, Inc. (the "Company") issued a press release announcing that it made a $10.0 million voluntary prepayment on December 17, 2012 on the term loan facility under its credit agreement, dated as of January 24, 2011, with Bank of America, N.A., as administrative agent, and the various financial institutions and parties thereto. With this prepayment, the Company has made a total of $43 million in voluntary and scheduled repayments on its term loan in 2012, reducing the Company's debt balance to $957 million from $1 billion at January 1, 2012. The Company made the $10.0 million prepayment out of cash on hand.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits

Exhibit
Number    Description

 99.1     Press Release dated December 17, 2012