Charter Closes $1.5 Billion Senior Unsecured Notes

10/17/17

Charter Communications, Inc. (NASDAQ: CHTR) today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp., have closed on $1.5 billion in aggregate principal amount of notes consisting of the following securities:

  • $500 million in aggregate principal amount of senior unsecured notes due 2023 (the "2023 Notes"). These notes bear interest at a rate of 4.000% per annum and were issued at a price of 100.000% of the aggregate principal amount.
  • $1.0 billion in aggregate principal amount of senior unsecured notes due 2028 (the "2028 Notes", and together with the 2023 Notes, the "Notes"). The 2028 Notes bear interest at a rate of 5.000% per annum and were issued at a price of 98.500% of the aggregate principal amount. The 2028 Notes form a part of the same series as the Issuers' 5.000% Senior Unsecured Notes due 2028 issued on August 8, 2017.


About Charter
 

Charter (NASDAQ: CHTR) is a leading broadband communications company and the second largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. Spectrum Business™ similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Spectrum Reach™ brand. More information about Charter can be found at www.charter.com.

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