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Stamford, Connecticut, May 18 2021 /PRNewswire/-Charter Communications, Inc. (NASDAQ:High-speed rail) (And its subsidiary “Articles”) today announced that its subsidiaries CCO Holdings, LLC and CCO Holdings Capital Corp. (collectively referred to as the “Issuers”) have set prices US$750 million The total principal amount of senior unsecured notes due in 2033 (“Notes”). These notes will be part of the same series as the issuer’s 2033 senior unsecured notes issued in 2033. April 22, 2021, The annual interest rate is 4.500%. The notes will be issued at a price of 99.250% of the total principal.
The issuer intends to use the net proceeds from the sale of the notes for general corporate purposes, including providing funds for possible repurchase of Charter’s Class A common shares and common units of Charter Communications Holdings, LLC to repay certain debts and pay related expenses And costs.The charter is expected to be in June 2 2021, But subject to customary closing conditions.
The bill is sold to qualified institutional purchasers in accordance with Rule 144A and other regulations United States The notes are not registered under the revised Securities Act of 1933 (the “Securities Act”) or any state securities laws and may not be issued or issued unless so registered.sell United States Unless the registration requirements of the Securities Act and applicable state securities laws are exempted or conducted in transactions that are not subject to them. This issuance is subject to (among other things) market conditions.
This press release is neither an offer to buy nor an offer to buy, and does not constitute an offer, offer or sale in any jurisdiction where the offer, offer or sale is illegal.
About the charter
Charter Communications, Inc. (NASDAQ:High-speed rail) Is a leading broadband connection company and cable TV operator. Its Spectrum brand serves 31 million customers in 41 states through its Spectrum brand. Through advanced communication networks, the company provides a full range of state-of-the-art residential and commercial services, including Spectrum Internet®, TV, mobile phone and voice.
For small and medium-sized companies, Spectrum Business® Providing the same broadband products and service suite as well as special features and applications to increase productivity, Spectrum Enterprise provides highly customized fiber-based solutions for large enterprises and government agencies.Spectrum range® Provide tailor-made advertising and production for the modern media environment. The company also distributes award-winning news reports, sports programming and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. For more information about Charter, please visit corporate.charter.com.
Cautionary statement regarding forward-looking statements
This communication includes forward-looking statements regarding potential offerings within the meaning of Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended). Although we believe that the plans, intentions and expectations reflected 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, including but not limited to the factors described from time to time in the “risk factors” in our filings with the SEC. Forward-looking words such as “believe”, “expect”, “anticipate”, “should”, “planned”, “will”, and “may” may be used to identify many forward-looking statements contained in this communication. , “Intended” and “potential” etc.
This warning statement defines all forward-looking statements that can be attributed to us or anyone acting on our behalf. After the date of this communication, we have no obligation or obligation to update any forward-looking statements.
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Source: Charter Communications, Inc.
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