Charter Communications announces senior notes offering
Charter Communications (NASDAQ:CHTR) has announced an offering of senior secured fixed rate notes by its subsidiaries, Charter Communications Operating and Charter Communications Operating Capital.
Terms of the offering are yet to be disclosed.
Net proceeds from the sale of the notes will be used for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, to repay certain indebtedness and to pay related fees and expenses.