The company said Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. issued 6.100% Senior Secured Notes due 2029 in the amount of $1,500,000,000 and 6.550% Senior Secured Notes due 2034 in the amount of $1,500,000,000 on May 14, 2024.

1. 01

   The company said Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. issued 6.100% Senior Secured Notes due 2029 in the amount of $1,500,000,000 and 6.550% Senior Secured Notes due 2034 in the amount of $1,500,000,000 on May 14, 2024.

2. 02

   The company said interest on both notes is payable on June 1 and December 1, beginning on December 1, 2024. It also disclosed that the 2029 Notes may be redeemed before May 1, 2029, and the 2034 Notes before March 1, 2034, at a make-whole premium.

3. 03

   The company said the notes are senior secured obligations of the issuers and are guaranteed on a senior secured basis by CCO Holdings, LLC and the subsidiaries that guarantee CCO's credit agreement obligations. The notes are secured by a pari passu, first-priority security interest in the assets securing the credit agreement, a first-priority lien of 1.

4. 04

   The company said it entered into an underwriting agreement on May 9, 2024 with Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as representatives. The purchase price under the underwriting agreement is 99.366% for both notes.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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