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.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Charter Communications
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Charter revenues rise 5.1% in Q3, helped again by internet, mobile

Published 25 Oct 2019 14:17 CET | United States
US operator Charter Communications accelerated mobile lines additions in the third quarter, amid continued video and wireline ...

Charter planning offering to help pay for share buybacks

Published 15 Oct 2019 16:10 CET | United States
Charter Communications said it is planning an offering of senior secured fixed rate notes due 2050. Money raised will go towards ...

Charter prices USD 1.35 bln offering

Published 18 Sep 2019 09:10 CET | United States
Charter Communications said it has priced an offering of USD 1.35 billion worth of senior unsecured notes due 2030, bearing ...