Cahill Represents Underwriters in $3 Billion Secured Notes Offerings for Charter Communications
Date: 03/04/21
Cahill represented the underwriters in connection with a public offering of $1,500,000,000 in aggregate principal amount of 3.500% senior secured notes due 2041, $1,000,000,000 in aggregate principal amount of 3.900% senior secured notes due 2052, and $500,000,000 in aggregate principal amount of add-on 3.850% senior secured notes due 2061 by Charter Communications Operating, LLC and Charter Communications Operating Capital Corp., wholly-owned subsidiaries of Charter Communications, Inc. Proceeds from the offerings were used for general corporate purposes, including to refinance existing indebtedness. Charter Communications, Inc. is a leading broadband connectivity company and cable operator serving more than 30 million customers in 41 states through its Spectrum brand.