#United States #Charter Communications #Spectrum #Stamford, Connecticut #CHTR

Charter Communications Unveils Senior Secured Notes Offering

On August 18, 2025, Charter Communications, Inc. (NASDAQ: CHTR) announced plans to issue senior secured fixed-rate notes through its subsidiaries, Charter Communications Operating, LLC, and Charter Communications Operating Capital Corp. This strategic move is aimed at bolstering Charter's financial framework and addressing various corporate needs.

Purpose of the Offering

The proceeds from the offering are earmarked for several key areas. Firstly, Charter intends to utilize the funds for general corporate purposes, which includes the repayment of current debts, notably a portion of their 6.150% Senior Secured Notes maturing in 2026. Additionally, this financial maneuver allows Charter to fund potential stock buybacks for its Class A common stock and related entities, enhancing shareholder value and confidence.

The execution of this offering will occur under an effective automatic shelf registration statement on Form S-3 that has been previously filed with the Securities and Exchange Commission (SEC). However, it is essential to recognize that this offering is contingent upon favorable market conditions, thereby reflecting the company's adaptability to market dynamics.

Collaborating Banks

Leading the issuance as Joint Book-Running Managers are Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC. The collaboration with these major financial institutions indicates a robust support system for Charter's planned strategic efforts, which will be detailed further in the prospectus supplement dated August 18, 2025.

A Commitment to Transparency

As a public offer, this announcement is not to be construed as a solicitation to purchase these notes, maintaining adherence to legal boundaries. Charter states that any redemption of the existing 2026 Notes will follow the proper protocols in line with the indenture governing these notes. This commitment to regulatory compliance showcases Charter's dedication to maintaining transparency and adhering to financial governance best practices.

Charter's Market Position

Charter Communications is a prominent player in the broadband connectivity and cable industry, providing services to over 57 million households and businesses across 41 states under its Spectrum brand. It prides itself on a robust infrastructure built with a fully domestic workforce, offering various services including high-speed internet, television, mobile, and voice solutions. As the digital landscape evolves, Charter remains focused on enhancing its service offerings while maintaining prudent financial management.

Looking Ahead

With the issuance of these senior secured notes, Charter is preparing to reinforce its financial positioning in a competitive market landscape. The company's proactive strategies indicate an anticipation of growth opportunities amidst potential market fluctuations. Investors and stakeholders are encouraged to monitor Charter's forthcoming reports and insights as they navigate through this financial expansion phase.

For more information about Charter's offerings and services, visit Charter's corporate site.