News Release
Charter Closes $3.0 Billion Senior Secured Notes
$1.5 billion in aggregate principal amount of Senior Secured Notes due 2041 (the "2041 Notes"). The 2041 Notes bear interest at a rate of 3.500% per annum and were issued at a price of 99.544% of the aggregate principal amount.$1.0 billion in aggregate principal amount of Senior Secured Notes due 2052 (the "2052 Notes"). The 2052 Notes bear interest at a rate of 3.900% per annum and were issued at a price of 99.951% of the aggregate principal amount.$500 million in aggregate principal amount of Senior Secured Notes due 2061 (the "2061 Notes," and together with the 2041 Notes and 2052 Notes, the "Notes"). The 2061 Notes form a part of the same series as the Issuers' Senior Secured Notes due 2061 issued onDecember 4, 2020 , which bear interest at a rate of 3.850% per annum. The 2061 Notes were issued at a price of 94.668% 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 ("
Credit Suisse Securities (
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
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/charter-closes-3-0-billion-senior-secured-notes-301241049.html
SOURCE
Media: Justin Venech, 203-905-7818; Analysts: Stefan Anninger, 203-905-7955