STAMFORD, Conn., Dec. 16, 2019 /PRNewswire/ -- Charter
Communications, Inc. (NASDAQ: CHTR) (along with its
subsidiaries, "Charter") today announced that its subsidiaries,
Charter Communications Operating, LLC and Charter Communications
Operating Capital Corp. (collectively, the "Issuers"), have
closed on $1.3 billion in aggregate
principal amount of senior secured notes due 2050 (the "Notes").
The Notes form a part of the same series as the Issuers' senior
secured notes due 2050 issued on October 24,
2019, which bear interest at a rate of 4.800% per annum, and
were issued at a price of 101.964% of the aggregate principal
amount.
The Notes were issued pursuant to an effective automatic shelf
registration statement on Form S-3 filed with the Securities
and Exchange Commission ("SEC").
The joint book-running managers for the senior secured notes
offering were Deutsche Bank Securities Inc., Mizuho Securities
USA LLC and Morgan Stanley &
Co. LLC. The offering was made only by means of a prospectus
supplement dated December 2, 2019 and
the accompanying base prospectus, copies of which can be made
available by contacting Deutsche Bank Securities Inc., Attention:
Prospectus Group, 60 Wall Street, New
York, NY 10005; Telephone: (800) 503-4611; E-mail:
prospectus.CPDG@db.com, or by contacting Mizuho Securities
USA LLC, Attention: Debt Capital
Markets, 320 Park Avenue, 12th Floor, New
York, NY 10022, Telephone: (866) 271-7403, or by contacting
Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York,
NY 10014; Telephone: (866) 718-1649; E-mail:
prospectus@morganstanley.com. Electronic copies of the prospectus
supplement and the accompanying base prospectus are also available
on the SEC's website at www.sec.gov.
This news release is neither an offer to sell nor a solicitation
of an offer to buy the Notes and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation, or sale is unlawful.
About Charter
Charter Communications, Inc. (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 residential broadband services,
including Spectrum TV® programming, Spectrum Internet®, Spectrum
Voice®, and Spectrum Mobile™. Under the Spectrum Business® brand,
Charter provides scalable, and cost-effective broadband
communications solutions to small and medium-sized business
organizations, including Internet access, business telephone, and
TV services. Through the Spectrum Enterprise brand, Charter is a
national provider of scalable, fiber-based technology solutions
serving many of America's largest businesses and communications
service providers. Charter's advertising sales and production
services are sold under the Spectrum Reach® brand. Charter's news
and sports networks are operated under the Spectrum Networks brand.
More information about Charter can be found at
newsroom.charter.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/charter-closes-1-3-billion-senior-secured-notes-300974090.html
SOURCE Charter Communications, Inc.