SC TO-T/A
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE TO
Amendment No. 4
(Rule 14d-100)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
CHARTER COMMUNICATIONS, INC.
(Name of Subject Company (Issuer))
CCHC, LLC, CCH II, LLC
AND CCH II CAPITAL CORP.
(Name of Filing Persons
(Offerors)
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5.875% Convertible Senior Notes due 2009
(Title of Class of Securities)
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16117MAE7 and 16117MAD9
(CUSIP Number of Class of Securities) |
Grier C. Raclin
Executive Vice President, General Counsel and Corporate Secretary
12405 Powerscourt Drive
St. Louis, Missouri 63131
(314) 965-0555
(Name, address, and telephone number of person
authorized to receive notices and communications on behalf of filing persons)
With Copies to:
Dennis J. Friedman
Barbara L. Becker
Gibson, Dunn & Crutcher LLP
200 Park Avenue
New York, NY 10166
(212) 351-4000
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Check the box if the filing relates solely to preliminary communications made before the
commencement of a tender offer. |
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Check the appropriate boxes to designate any transactions to which this statement relates: |
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third party tender offer subject to Rule 14d-l |
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issuer tender offer subject to Rule 13e-4 |
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going-private transaction subject to Rule 13e-3 |
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amendment to Schedule 13D under Rule 13d-2 |
Check the following box if the filing is a final amendment reporting the results of the tender
offer. o
This
Amendment No. 4 to the Third Party Tender
Offer Statement on Schedule TO amends and supplements the Third
Party Tender Offer Statement on Schedule TO originally filed
with the Securities Exchange Commission on August 11, 2006 (as
amended by Amendment No. 1 filed on August 11, 2006, Amendment
No. 2 filed on August 28, 2006 and Amendment No. 3 filed on August
30, 2006) by CCHC, LLC, a
Delaware limited liability company (CCHC), CCH II, LLC, a Delaware limited liability company
(CCH II), and CCH II Capital Corp., a Delaware corporation (CCH II Capital and together with
CCHC and CCH II, the Offerors), that relates to an offer to pay up to $187,987,500
in cash, 45,000,000 shares of Charter
Communications, Inc. (Charter) Class A Common Stock, par value $0.001 (the Class A Common
Stock) and $146,250,000 principal amount of the 10.25% Senior Notes due 2010 issued by CCH II and
CCH II Capital (the CCH II Notes), to holders of up to
$450,000,000 of Charters $862,500,000
principal amount outstanding 5.875% Convertible Senior Notes due 2009 (the Convertible Notes) who
elect to exchange their Convertible Notes upon the terms and subject to the conditions set forth in
the Exchange Offer Prospectus dated August 28, 2006 (as the same may be amended or supplemented
from time to time, the Exchange Offer Prospectus), and the accompanying Letter of Transmittal
(the Letter of Transmittal), which are part of the Registration Statement on
Form S-4, as amended, dated August 28, 2006 (SEC File
No. 333-136508 the Registration Statement) filed by Charter Communications, Inc.,
CCH II and CCH II Capital and are incorporated by reference herein.
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Item 12. Exhibits.
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Exhibit |
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Description |
(a)(9)
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Press release dated
September 11, 2006 (filed pursuant to Rule 425 under the Securities
Act of 1933). |
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SIGNATURES
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement
is true, complete and correct.
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CCHC, LLC |
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By: |
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CHARTER COMMUNICATIONS, INC., as Manager |
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By: |
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/s/ Kevin D. Howard |
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Name:
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Kevin
D. Howard
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Title: |
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Vice President and Chief Accounting
Officer |
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CCH II, LLC |
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By: |
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CHARTER COMMUNICATIONS, INC., as Manager |
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By: |
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/s/ Kevin
D. Howard |
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Name:
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Kevin
D. Howard
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Title: |
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Vice President and Chief Accounting
Officer |
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CCH II CAPITAL CORP. |
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By: |
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/s/ Kevin
D. Howard |
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Name:
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Kevin
D. Howard
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Title: |
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Vice President and Chief Accounting
Officer |
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Dated:
September 11, 2006 |
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4
EX-99.A.9
Filed by CCH II, LLC
Pursuant to Rule 425 under the Securities Act of 1933
Subject Corporation: Charter Communications, Inc.
Registration No.: 333-136508
We have filed a registration statement on Form S-4 (including the prospectus contained
therein) with the Securities and Exchange Commission for the issuance of securities to which this
communication relates. Before you tender the subject securities or otherwise make any investment
decision with respect to the subject securities or the securities being offered, you should read
the prospectus in that registration statement and other documents we have filed with the SEC for
more complete information about Charter Communications, Inc. and its subsidiaries. You may get
these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov or by contacting
Charters Investor Relations department at Charter Plaza, 12405 Powerscourt Drive, St. Louis,
Missouri 63131, telephone number (314) 965-0555.
FOR RELEASE: 6:00AM CT, Monday, September 11, 2006
Charter Communications Announces Results of its Exchange Offer For
5.875% Convertible Senior Notes Due 2009
Charter has accepted $450.0 million of Convertible Senior Notes for exchange
ST. LOUIS, MO Charter Communications, Inc. (Nasdaq: CHTR) (Charter or the Company) announced
today the results of the offer by its subsidiaries, CCHC, LLC (CCHC) and CCH II, LLC and CCH II
Capital Corp. (collectively, CCH II and, together with CCHC, the Offerors) to exchange (the
Convertible Exchange Offer) up to $450.0 million of Charters 5.875% Convertible Senior Notes due
2009 (Convertible Notes). The Convertible Exchange Offer expired at 11:59 p.m., Eastern Time, on
September 8, 2006. As of the expiration of the Convertible Exchange Offer, $499.9 million
aggregate principal amount of Convertible Notes were validly tendered. The Company has accepted
$450.0 million of the Convertible Notes tendered for exchange, representing approximately 52.2% of
the total principal amount of Convertible Notes outstanding.
Since the amount of Convertible Notes tendered exceeded the maximum amount of Convertible Notes
that the Offerors would accept, the Offerors pro rated the amount of Convertible Notes accepted
from participating holders as described in the Exchange Offer Prospectus. The Offerors accepted
90.0% of the amount tendered by each holder and unaccepted amounts will be promptly returned to
holders. Following the consummation of the Convertible Exchange Offer, $412.5 million of
Convertible Notes will remain outstanding.
On the settlement date, which the Company expects to be September 14, 2006, holders of accepted
Convertible Notes will receive the following consideration per $1,000 principal amount of
Convertible Notes accepted:
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$417.75 in cash, |
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100 shares of Class A Common Stock of Charter (Class A Common Stock), |
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$325.00 principal amount of 10.25% Senior Notes due 2010 issued by CCH II (the CCH II
Notes) as an addition to its currently outstanding series, and |
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An additional $19.26 in cash for accrued interest from the last interest payment date up
to, but not including the settlement date. |
In aggregate, Charter will use $196.7 million in cash (including $8.7 million to fund accrued
interest due on accepted Convertible Notes) and issue 45.0 million shares of Class A Common Stock
and $146.2 million principal amount of CCH II Notes.
The CCH II Notes will be pari passu with, of the same class as, and otherwise be substantially
identical in all respects to approximately $2.1 billion principal amount of currently outstanding
CCH II notes. The CCH II Notes will be issued under a temporary CUSIP number until the next
interest payment date, which is expected to be September 15, 2006, at which time it is expected
that they will be mandatorily merged into the existing CUSIP number that has approximately $1.6
billion outstanding principal amount of CCH II notes (CUSIP 2502CAD3).
Holders of the Convertible Notes that had previously entered into a share loan agreement with
Citigroup Global Markets Limited, had the ability to elect, at their option, to close out such
positions with shares received in connection with the Convertible Exchange Offer. If a holder made
such an election, the shares that holder is entitled to receive in connection with the Convertible
Exchange Offer will be used to satisfy obligations to return Class A Common Stock under the share
loan agreement.
The offer documents are available to all holders of the Convertible Notes. Copies of the
prospectus and related letter of transmittal may be obtained from Global Bondholder Services
Corporation, the information agent for the Exchange Offer, at (866) 470-3700 (U.S. Toll-free) or
(212) 430-3774. The Dealer Managers for the Exchange Offer are Citigroup Global Markets Inc. and
Banc of America Securities LLC. For additional information, you may contact the Citigroup Special
Equity Transactions Group at (877) 531-8365 (U.S. Toll-free) or (212) 723-7406 or the Banc of
America Convertible Securities Department at (888) 583-8900 x2200 (U.S. Toll-free) or (212)
933-2200. The offer documents are also available free of charge at the SECs website at
www.sec.gov.
This press release is neither an offer to sell nor a solicitation of an offer to buy any
securities. There shall not be any sale of the CCH II Notes or shares to be issued in the exchange
in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the laws of such jurisdiction.
About Charter Communications®
Charter Communications, Inc. is a leading broadband communications company and the third-largest
publicly traded cable operator in the United States. Charter provides a full range of advanced
broadband services, including advanced Charter Digital® video entertainment programming, Charter
High-Speed Internet access service, and Charter Telephone services. Charter Business similarly
provides scalable, tailored and cost-effective broadband communications solutions to business
organizations, such as business-to-business Internet access, data networking, video and music
entertainment services and business telephone. Charters advertising sales and production services
are sold under the Charter Media® brand. More information about Charter can be found at
www.charter.com.
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Contact: |
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Media:
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Analysts: |
Anita Lamont
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Mary Jo Moehle |
(314) 543-2215
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(314) 543-2397 |
Cautionary Statement Regarding Forward-Looking Statements:
This release includes forward-looking statements regarding, among other things, our plans,
strategies and prospects, both business and financial. Although we believe that our plans,
intentions and expectations reflected in or suggested by these forward-looking statements are
reasonable, we cannot assure you that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to risks, uncertainties and
assumptions. Many of the forward-looking statements contained in this release may be identified by
the use of forward-looking words such as believe, expect, anticipate, should, planned,
will, may, intend, estimated, aim, on track, and potential, among others. Important
factors that could cause actual results to differ materially from the forward-looking statements we
make in this release are set forth in reports or documents that we file from time to time with the
SEC, and include, but are not limited to:
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the availability, in general, of funds to meet interest payment obligations under our
debt and to fund our operations and necessary capital expenditures, either through cash
flows from operating activities, further borrowings or other sources and, in particular,
our ability to be able to provide under applicable debt instruments and under applicable
law, such funds (by dividend, investment or otherwise) to the applicable obligor of such
debt; |
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our ability to comply with all covenants in our indentures and credit facilities, any
violation of which would result in a violation of the applicable facility or indenture and
could trigger a default of other obligations under cross-default provisions; |
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our ability to pay or refinance debt prior to or when it becomes due and/or to take
advantage of market opportunities and market windows to refinance that debt through new
issuances, exchange offers or otherwise, including restructuring our balance sheet and
leverage position; |
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our ability to sustain and grow revenues and cash flows from operating activities by
offering video, high-speed Internet, telephone and other services and to maintain and grow
a stable customer base, particularly in the face of increasingly aggressive competition
from other service providers; |
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our ability to obtain programming at reasonable prices or to pass programming cost
increases on to our customers; |
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general business conditions, economic uncertainty or slowdown; and |
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the effects of governmental regulation, including but not limited to local franchise
authorities, on our business. |
All forward-looking statements attributable to us or any person acting on our behalf are expressly
qualified in their entirety by this cautionary statement.