- Charter Communications ( NASDAQ: CHTR ) announces that its subsidiaries, CCO Holdings and CCO Holdings Capital have priced $1.1B senior unsecured notes due 2031.
- The notes will bear interest at a rate of 7.375% per annum and will be issued at a price of 100% of the aggregate principal amount.
- Net proceeds to be deployed for general corporate purposes, including to repay certain indebtedness, to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications and to pay related fees and expenses.
- Closing expected on February 13, 2023.
For further details see:
Charter prices $1.1B senior unsecured notes