#United States #Stamford #Charter Communications #CCO Holdings #2033 Notes

Charter Communications Closes $3.0 Billion in Senior Unsecured Notes

In a significant financial maneuver, Charter Communications, Inc. has successfully closed on an impressive total of $3.0 billion in senior unsecured notes. This strategic decision is part of Charter's ongoing efforts to strengthen its financial foundation and enhance its capacity for future growth. The transaction involves two specific series of notes issued by Charter’s subsidiaries, CCO Holdings, LLC, and CCO Holdings Capital Corp.

Details of the Issuance

The senior unsecured notes comprise $1.75 billion in Senior Notes due in 2033 and $1.25 billion in Senior Notes due in 2036. The 2033 Notes are characterized by a fixed interest rate of 7.000% per annum and were issued at par value (100% of the total principal amount). Meanwhile, the 2036 Notes offer a slightly higher fixed interest rate of 7.375% and were likewise issued at 100% of their aggregate principal value.

This issuance marks a crucial step for Charter, allowing it to access substantial financial resources that can be leveraged for various operational initiatives, including expanding its broadband services and improving infrastructural capabilities across the United States.

Market and Regulatory Compliance

The notes were offered exclusively to qualified institutional buyers. They were sold under Rule 144A and to non-U.S. persons in compliance with Regulation S, highlighting Charter's strategic focus on institutional investment. It’s important to note that the securities have not been registered under the Securities Act of 1933, which imposes restrictions on their sale unless registered or exempted.

As stated in the official release, this announcement does not act as a solicitation or offer to buy or sell these notes, or any securities associated with them, emphasizing the regulatory due diligence Charter is committed to maintaining.

About Charter Communications

Founded in 1993, Charter Communications has evolved from its beginnings in cable television to a leader in broadband connectivity, serving close to 58 million residential and business customers across 41 states under its Spectrum brand. This evolution demonstrates Charter’s commitment to adapting to the telecommunications landscape, moving from traditional cable services to offerings that now include internet, voice, and mobile solutions.

With a strong focus on providing seamless connectivity, Charter’s suite of services includes Spectrum Internet®, Mobile, TV, and Voice products, all supported by a robust infrastructure and a dedicated workforce based entirely in the United States.

For additional details on Charter Communications and its expansive range of services, stakeholders are encouraged to visit their corporate website at charter.com.

Conclusion

The successful closure of these senior unsecured notes not only signifies Charter's financial prudence but also reinforces its position in the highly competitive telecommunications market. As the company continues to innovate and expand, it remains committed to enriching customer experience while maintaining robust financial health.