Charter upsizes debt exchange offers, raises new secured notes caps to USD 2 billion each
CHTR•Key dates
Pricing is set for Aug. 6.
Early settlement is scheduled for Aug. 12.
The exchange offers expire on Aug. 20.
Early tender levels
Early tenders reached USD 2.66 billion for Pool 1 Notes, equal to 26.5% of the outstanding amount.
Tenders for Pool 2 Notes totaled USD 2.69 billion, or 27.8% of the outstanding amount.
Charter raises caps on exchange offers
Charter raised the caps on its debt exchange offers, lifting the cap for the New 2038 Notes to USD 2 billion.
The cap for the New 2041 Notes was also increased to USD 2 billion, while the sub-cap for 4.500% senior debentures due 2042 was lifted to USD 614.42 million.
