US cable operator Charter Communications announced yesterday that two of its subsidiaries have made a private offering of US$300m in senior unsecured notes due in 2019.
In a statement, the company said that the notes would bear an interest rate of 7%…
US cable operator Charter Communications announced yesterday that two of its subsidiaries have made a private offering of US$300m in senior unsecured notes due in 2019.
In a statement, the company said that the notes would bear an interest rate of 7% per annum and will be priced at 99.5.
These notes will form part of the 7% senior notes due in 2019 that were issued on 11 January with the principal amount of US$1.1bn.
Charter said that the notes would result in proceeds of approximately US$294m, after underwriting and commission costs had been taken into account.
