(Reuters) -Verizon Communications is looking to raise about $10 billion in the corporate bond market to fund its deal of Frontier Communications, Bloomberg News reported on Monday, citing a person familiar with the matter. The wireless carrier filed for a five-part bond sale, earlier in the day, without disclosing a size. Initial price discussions for the longest portion of the deal, a 40-year bond, are about 1.6 percentage points above Treasuries, the report said. Verizon did not immediately respond to a Reuters request for comment. (Reporting by Harshita Mary Varghese in Bengaluru)

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