Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. intend to issue $1.25 billion of 5.850% Senior Secured Notes due 2035 and $750 million of 6.700% Senior Secured Notes due 2055.
The underwriters named in the agreement include Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC.
The Notes will be issued under the Indenture dated July 23, 2015, with a supplemental indenture dated September 2, 2025.
Senior Secured Notes Offering
A total of $2 billion in Senior Secured Notes will be issued by Charter Communications, providing funds for strategic investments and operations.
Underwriters
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC will act as representatives of the underwriters.
Guarantees
CCO Holdings, LLC, and subsidiaries of Charter Communications will guarantee the obligations of the Issuers under the Indenture.
- The offering of Senior Secured Notes will strengthen Charter Communications' financial position for future growth opportunities.
- The involvement of reputable underwriters enhances the market confidence in Charter Communications' debt securities.
Charter Communications' decision to issue Senior Secured Notes demonstrates the company's commitment to financial stability and growth. The strong underwriting team and guarantees provide a solid foundation for the company's future endeavors.