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Charter Communications to offer $750M in notes

Wed, 01/11/2012 - 2:27pm
The Associated Press

Two subsidiaries of Charter Communications will hold a public offering of $750 million in senior unsecured notes, the cable TV company announced Wednesday.

The company plans to use the proceeds to pay for tender offers by its subsidiaries, CCO Holdings and CCO Holdings Capital, to buy outstanding notes.

Credit Suisse is the lead book-running manager for the offering of notes, due in 2022.

Charter Communications announced a separate $750 million offering in November for senior unsecured notes due in 2020.

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