News Release
Charter Closes $2.5 Billion of Senior Unsecured Notes and Senior Secured Notes
- The CCOH Issuers:
$1.25 billion in aggregate principal amount of senior unsecured notes due 2027 (the "CCOH Notes"). The CCOH Notes bear interest at a rate of 5.125% per annum and were issued at a price of 100.500% of the aggregate principal amount of$1.25 billion . The CCOH Notes form a part of the same series as the 5.125% Senior Unsecured Notes issued onFebruary 6, 2017 and increased onMarch 29, 2017 to the aggregate principal amount of$2.0 billion , and, - The CCO Issuers:
$1.25 billion in aggregate principal amount of senior secured notes due 2047 (the "CCO Notes," and together with the CCOH Notes, the "Notes"). The CCO Notes bear interest at a rate of 5.375% per annum and were issued at a price of 99.968% of the aggregate principal amount of$1.25 billion .
Through the concurrent offerings, Charter has closed on
The Notes were sold to qualified institutional buyers in reliance on Rule 144A and outside
This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale, nor is it an offer to purchase, or the solicitation of an offer to sell the Notes in any jurisdiction in which such offer, solicitation, or sale is unlawful.
About Charter
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SOURCE
Media: Justin Venech, 203-905-7818; Analysts: Stefan Anninger, 203-905-7955