Charter prices USD1.2bn senior unsecured notes

Charter Communications, Inc. (NASDAQ: CHTR) subsidiaries CCO Holdings, LLC and CCO Holdings Capital Corp. have priced USD1.2 billion of senior unsecured notes due 2026, the company said.

The new notes will bear interest at a rate of 5.500 percent per annum and will be issued at a price of 100.0 percent of the aggregate principal amount of USD1.2 billion.

Charter expects to close the offering of the New Notes on April 21, 2016, subject to customary closing conditions.

Charter provides advanced broadband services, including Spectrum TVâ„¢ video entertainment programming, Spectrum Internetâ„¢ access, and Spectrum Voiceâ„¢.