Charter Communications, Inc. announced the closure of its offering of $2.0 billion in senior secured notes.
The notes consist of $1.25 billion in Senior Secured Notes due 2035 and $750 million in Senior Secured Notes due 2055.
The notes were issued at specific interest rates and price points as detailed in the filing.
Offering Details
$2.0 billion offering of Senior Secured Notes with specific amounts for 2035 and 2055 notes.
Interest Rates
2035 Notes bear interest at 5.850% per annum, while the 2055 Notes bear interest at 6.700% per annum.
Issuance Price
2035 Notes were issued at 99.932% of the principal amount, and 2055 Notes at 99.832%.
- The successful closure of the $2.0 billion notes offering indicates investor confidence in Charter Communications, Inc.'s financial stability and growth prospects.
- The specific terms of the notes, including interest rates and issuance prices, reflect the current market conditions and Charter's strategic financing decisions.
Charter Communications, Inc.'s successful closure of the $2.0 billion Senior Secured Notes offering demonstrates the company's ability to access capital markets effectively for strategic growth initiatives.