Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. are proposing to issue and sell senior secured notes due in 2035 and 2055.
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are acting as representatives of the underwriters.
The securities will be guaranteed by CCO Holdings, LLC and subsidiaries under the Credit Agreement.
Notes Offered
The offering includes $1,250,000,000 of 5.850% Senior Secured Notes due 2035 and $750,000,000 of 6.700% Senior Secured Notes due 2055.
Representatives
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC serve as representatives of the underwriters.
Guarantees
CCO Holdings, LLC and subsidiaries under the Credit Agreement will guarantee the obligations of the Issuers.
- The issuance of the senior secured notes indicates Charter Communications' strategy to raise capital for future investments and operations.
- The involvement of major financial institutions as underwriters highlights confidence in Charter Communications' creditworthiness.
Charter Communications' successful underwriting agreement for senior secured notes demonstrates investor confidence in the company's stability and growth potential.