Charter Closes $3.0 Billion Senior Secured Notes
$1.6 billionin aggregate principal amount of senior secured notes due 2031 (the "2031 Notes"). The 2031 Notes bear interest at a rate of 2.800% per annum and were issued at a price of 99.561% of the aggregate principal amount. $1.4 billionin aggregate principal amount of senior secured notes due 2051 (the "2051 Notes," and together with the 2031 Notes, the "Notes"). The 2051 Notes bear interest at a rate of 3.700% per annum and were issued at a price of 99.217% of the aggregate principal amount.
The Notes were issued pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission ("
The joint book-running managers for the senior secured notes offering were
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 in any jurisdiction in which such offer, solicitation, or sale is unlawful.
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Media: Justin Venech, 203-905-7818; Analysts: Stefan Anninger, 203-905-7955