Charter Prices $2.0 Billion Senior Secured Notes

9/11/17

Charter Communications, Inc. (NASDAQ: CHTR) today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), have priced $2.0 billion in aggregate principal amount of notes consisting of the following securities:

  • $1.25 billion in aggregate principal amount of senior secured notes due March 2028 (the "2028 Notes"). These notes will bear interest at a rate of 4.200% per annum and will be issued at a price of 99.757% of the aggregate principal amount.
  • $750 million in aggregate principal amount of senior secured notes due 2047 (the "2047 Notes," and together with the 2028 Notes, the "Notes"). The 2047 Notes will bear interest at a rate of 5.375% per annum and will be issued at a price of 98.969% of the aggregate principal amount. The 2047 Notes will form a part of the same series as the Issuers' 5.375% Senior Secured Notes due 2047 issued on April 20, 2017, and issued in the follow-on offering on July 6, 2017.


About Charter

Charter (NASDAQ: CHTR) is a leading broadband communications company and the second largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. Spectrum Business™ similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Spectrum Reach™ brand. More information about Charter can be found at www.charter.com.

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