Charter Announces Expiration And Final Results Of Debt Exchange Offers
Charter Communications announced the final results of its debt exchange offers, successfully exchanging approximately $2.75 billion in aggregate principal for both Pool 1 and Pool 2 notes. The transactions resulted in the issuance of new Senior Secured Notes due 2038 for Pool 1 and due 2041 for Pool 2, extending the maturity profile of the debt.
Key figures
- New 2038 notes cap
- $2,000,000,000
- New 2041 notes cap
- $2,000,000,000
- Total pool 1 exchanged
- $2,749,089,000
- Total pool 2 exchanged
- $2,750,000,000
- Pool 1 tendered post early
- $84,396,000
- Pool 2 tendered post early
- $60,651,000
AI analysis
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