Cahill Represents Underwriters in a $2.8 Billion Secured Notes Offering for Charter Communications
Date: 06/02/21
Cahill represented the underwriters in connection with a public offering of $1,400,000,000 aggregate principal amount of add-on 3.900% senior secured notes due 2052 and a $1,400,000,000 aggregate principal amount of 4.400% 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. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator serving more than 30 million customers in 41 states through its Spectrum brand.