Charter Closes $3.0 Billion Senior Secured Notes
$1.5 billionin aggregate principal amount of Senior Secured Notes due 2041 (the "2041 Notes"). The 2041 Notes bear interest at a rate of 3.500% per annum and were issued at a price of 99.544% of the aggregate principal amount. $1.0 billionin aggregate principal amount of Senior Secured Notes due 2052 (the "2052 Notes"). The 2052 Notes bear interest at a rate of 3.900% per annum and were issued at a price of 99.951% of the aggregate principal amount. $500 millionin aggregate principal amount of Senior Secured Notes due 2061 (the "2061 Notes," and together with the 2041 Notes and 2052 Notes, the "Notes"). The 2061 Notes form a part of the same series as the Issuers' Senior Secured Notes due 2061 issued on December 4, 2020, which bear interest at a rate of 3.850% per annum. The 2061 Notes were issued at a price of 94.668% of the aggregate principal amount.
The Notes were issued pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission ("
Credit Suisse Securities (
This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.
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Media: Justin Venech, 203-905-7818; Analysts: Stefan Anninger, 203-905-7955