Optimum Communications, Inc. (OPTU) Form 8-K — Jul 6, 2026
Optimum Communications, Inc. entered into a Second Amended and Restated Credit Agreement, securing an incremental term loan commitment of $250 million through its subsidiaries. The new tranche of debt carries a fixed interest rate of 9.000% and is set to mature on November 25, 2028, with proceeds designated for general corporate purposes.
Key figures
- Debt Amount
- $250 million
- Interest Rate
- 9.000%
- Maturity Date
- November 25, 2028
- Initial Term Loan Amount
- $2,000 million
- First Incremental Term Loan Amount
- $1,100 million
Price after filing
1 day: -4.1%7 days: -13.0%30 days: -28.9%
Close on the filing date to close N calendar days later (from $1.23). Historical, not a forecast.
AI analysis
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