Charter Raises $4B Via Debt Offering

Charter Communications Inc CHTR subsidiaries, Charter Communications Operating, LLC, and Charter Communications Operating Capital Corp, have priced $4.0 billion in notes in a secondary offering.
The notes included $1.25 billion of 2.25% Senior Secured Notes due 2029, $1.35 billion of 3.5% Senior Secured Notes due 2042, and $1.4 billion of 3.95% Senior Secured Notes due 2062.
The offering proceeds will serve general corporate purposes, including potential buybacks and debt repayment.
Charter held $87.5 billion in debt as of June 30.
Price Action: CHTR shares closed lower by 0.64% at $734.41 on Monday.

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