Charter Offers Senior Secured Notes

9/11/17

Charter Communications, Inc. (NASDAQ: CHTR) today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), intend to offer the following securities:

  • Senior secured notes due March 2028 (the "2028 Notes"), and
  • Senior secured notes due 2047 (the "2047 Notes", and together with the 2028 Notes, the "Notes"). The 2047 Notes will form a part of the same series as the Issuers' 5.375% Senior Secured Notes due 2047 issued on April 20, 2017, and issued in the follow-on offering on July 6, 2017.


Charter intends to use the net proceeds from the sale of the Notes to pay related fees and expenses and for general corporate purposes, including buybacks of the Class A common stock of Charter or common units of Charter Communications Holdings, LLC.

About Charter 

Charter (NASDAQ: CHTR) is a leading broadband communications company and the second largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. Spectrum Business™ similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Spectrum Reach™ brand. More information about Charter can be found at www.charter.com.

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