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Broadband

Charter raises USD 2 billion in debt issue

Tuesday 3 August 2021 | 09:27 CET | News
Charter Communications has raised USD 2.0 billion in a new debt issue to institutional investors. The senior unsecured notes due 2034 will pay interest at a rate of 4.25 percent per year and will be issued at a price of 100 percent of the aggregate principal amount. The cable operator said it will use the proceeds to pay off existing debt and for possible share buybacks.

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Categories: Fixed
Companies: Charter Communications
Countries: United States
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