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General

Charter prices USD 2 bln offerings

Wednesday 16 October 2019 | 09:17 CET | News
Charter Communications has priced its offering of USD 1.5 billion worth of senior secure notes due 2050 and its offering of USD 500 million worth of senior unsecured notes due 2030. The first offering will bear interest at a rate of 4.800 percent per annum. The second offering will be part of the same series of notes due 2030 issued on 1 October, with an interest rate of 4.750 percent. The money raised from both issues will be put towards general corporate purposes, including towards share buybacks and debt payments.

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Categories: General
Companies: Charter Communications
Countries: United States
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