Charter Communications Prices $3.0â€ŊBillion in Senior Unsecured Notes to Strengthen Balance Sheet

Charter Communications Prices $3.0â€ŊBillion in Senior Unsecured Notes to Strengthen Balance Sheet

â€ĒBy ADMIN
Related Stocks:CCO
Charter Communications, Inc. (NASDAQ: CHTR) and its subsidiaries announced on Januaryâ€Ŋ6,â€Ŋ2026, that they have priced a new offering of senior unsecured notes totaling $3.0â€Ŋbillion in aggregate principal amount. The issuance includes $1.75â€Ŋbillion of Senior Notes due 2033 with a 7.000% annual interest rate and $1.25â€Ŋbillion of Senior Notes due 2036 carrying a 7.375% annual interest rate — both issued at par value (100% of principal). Charter plans to use the net proceeds for general corporate purposes such as refinancing existing debt, including the full redemption of its 5.500% Senior Notes due 2026 and partial redemption of its 5.125% Senior Notes due 2027. The company may also use funds for potential repurchases of Classâ€ŊA common stock and common units of Charter Communications Holdings, LLC, as well as to cover related fees and expenses. The offering is expected to close on Januaryâ€Ŋ13,â€Ŋ2026, subject to customary conditions. The notes were sold to qualified institutional buyers under Ruleâ€Ŋ144A and to non‑U.S. persons under Regulationâ€ŊS, and have not been registered under the U.S. Securities Act of 1933. Charter, a major broadband connectivity provider in the U.S. under the Spectrum brand, serves millions of homes and businesses with internet, TV, mobile, and voice services across 41 states. #CharterCommunications #SeniorUnsecuredNotes #CorporateFinance #DebtOffering #SlimScan #GrowthStocks #CANSLIM

Share this article

Charter Communications Prices $3.0â€ŊBillion in Senior Unsecured Notes to Strengthen Balance Sheet | SlimScan