ST. LOUIS, Mo. (AP) – 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 LLC and CCO Holdings Capital Corp., to buy outstanding notes.

Credit Suisse is the lead bookrunning manager for the offering of notes, due in 2022.

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

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Listen Live