Charter Prices $1.35 Billion Senior Unsecured Notes

STAMFORD, Conn., Sept. 17, 2019 /PRNewswire/ — Charter Communications, Inc. (CHTR) (along with its subsidiaries, “Charter”) today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp. (collectively, the “Issuers”), have priced $1.35 billion in aggregate principal amount of senior unsecured notes due 2030 (the “Notes”). Charter intends to use the net proceeds from the sale of the Notes for general corporate purposes, including to repay certain indebtedness, including some or all of CCO Holdings’ 5.250% senior notes due 2021 and/or 5.750% senior notes due 2024 and to fund potential buybacks of Class A common stock of Charter or common units of Charter Communications Holdings, LLC and to pay related fees and expenses. Charter expects to close the offering of the Notes on October 1, 2019, subject to customary closing conditions.

source https://finance.yahoo.com/news/charter-prices-1-35-billion-010100916.html?.tsrc=rss

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