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Charter Closes on $1.0 Billion Senior Unsecured Notes



            Charter Closes on $1.0 Billion Senior Unsecured Notes

PR Newswire

ST. LOUIS, Dec. 17, 2012

ST. LOUIS, Dec. 17, 2012 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:
CHTR) (along with its subsidiaries, the "Company" or "Charter") today
announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital
Corp., (collectively, the "Issuers") closed on the public sale of $1.0 billion
in aggregate principal amount of senior unsecured notes due 2023. The notes
bear an interest rate of 5.125 percent per annum and were issued at a price of
100.0 percent of the aggregate principal amount.

(Logo: http://photos.prnewswire.com/prnh/20110526/AQ10195LOGO)

The notes resulted in net proceeds to the Company of approximately $988.0
million after deducting underwriting discounts and commissions. Charter
intends to use the net proceeds from the sale of the notes for general
corporate purposes, including to repay existing bank debt.

The offering and sale of the Issuers' senior unsecured notes were made
pursuant to a shelf registration statement on Form S-3 previously filed with
the Securities and Exchange Commission ("SEC") and prospectus supplement dated
December 12, 2012.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended (the "Securities Act"), and
Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), regarding, among other things, our plans, strategies and prospects,
both business and financial. Although we believe that our plans, intentions
and expectations reflected in or suggested by these forward-looking statements
are reasonable, we cannot assure you that we will achieve or realize these
plans, intentions or expectations. Forward-looking statements are inherently
subject to risks, uncertainties and assumptions including, without limitation,
the factors described under "Risk Factors" from time to time in our filings
with the Securities and Exchange Commission ("SEC"). Many of the
forward-looking statements contained in this release may be identified by the
use of forward-looking words such as "believe," "expect," "anticipate,"
"should," "planned," "will," "may," "intend," "estimated," "aim," "on track,"
"target," "opportunity," "tentative," "positioning," "designed," "create," and
"potential," among others. Important factors that could cause actual results
to differ materially from the forward-looking statements we make in this
release are set forth in other reports or documents that we file from time to
time with the SEC, and include, but are not limited to: 

  o our ability to sustain and grow revenues and free cash flow by offering
    video, Internet, telephone, advertising and other services to residential
    and commercial customers, to adequately meet the customer experience
    demands in our markets and to maintain and grow our customer base,
    particularly in the face of increasingly aggressive competition, the need
    for innovation and the related capital expenditures and the difficult
    economic conditions in the United States;
  o the development and deployment of new products and technologies;
  o the impact of competition from other market participants, including but
    not limited to incumbent telephone companies, direct broadcast satellite
    operators, wireless broadband and telephone providers, digital subscriber
    line ("DSL") providers, and video provided over the Internet;
  o general business conditions, economic uncertainty or downturn, high
    unemployment levels and the level of activity in the housing sector;
  o our ability to obtain programming at reasonable prices or to raise prices
    to offset, in whole or in part, the effects of higher programming costs
    (including retransmission consents);
  o the effects of governmental regulation on our business;
  o the availability and access, in general, of funds to meet our debt
    obligations prior to or when they become due and to fund our operations
    and necessary capital expenditures, either through (i) cash on hand, (ii)
    free cash flow, or (iii) access to the capital or credit markets; and
  o our ability to comply with all covenants in our indentures and credit
    facilities any violation of which, if not cured in a timely manner, could
    trigger a default of our other obligations under cross-default provisions.

All forward-looking statements attributable to us or any person acting on our
behalf are expressly qualified in their entirety by this cautionary statement.
We are under no duty or obligation to update any of the forward-looking
statements after the date of this release.

SOURCE Charter Communications, Inc.

Website: http://www.charter.com
Contact: Media, Anita Lamont, +1-314-543-2215, or Analysts, Robin Gutzler,
+1-314-543-2389
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