Charter Communications (CHTR) Closes $3B Notes Offering

Charter Communications, Inc. (NASDAQ: CHTR) today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp., have closed their offering of $3.0 billion in aggregate principal amount of notes consisting of the following securities:

• $1.5 billion in aggregate principal amount of Senior Secured Notes due 2029 (the "2029 Notes"). The 2029 Notes bear interest at a rate of 6.100% per annum and were issued at a price of 99.944% of the aggregate principal amount.
• $1.5 billion in aggregate principal amount of Senior Secured Notes due 2034 (the "2034 Notes" and, together with the 2029 Notes, the "Notes"). The 2034 Notes bear interest at a rate of 6.550% per annum and were issued at a price of 99.755% 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").

Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC were Joint Book-Running Managers for the senior secured notes offering. The offering was made only by means of a prospectus supplement dated May 9, 2024 and the accompanying base prospectus, copies of which, when available, may be obtained on the SEC's website at www.sec.gov or by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone: 1-888-603-5847 or by emailing: [email protected], or by contacting Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146, E-mail: [email protected], or by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; E-mail: [email protected].

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.

You May Also Be Interested In