Charter prices $4.75 billion senior secured notes offering - CHTR News | RalliesCharter prices $4.75 billion senior secured notes offering
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CHTR• Charter prices $4.75 billion senior secured notes offering
- Charter priced $4.75 billion of senior secured notes via operating subsidiaries.
- Four tranches due 2032-2056, carrying coupons from 6.05% to 7.85%.
- Proceeds earmarked for cash consideration in the planned Cox Communications acquisition, debt repayment, fees, and general corporate purposes.
- Closing targeted for Aug. 18, subject to customary conditions.
