Charter Offers Senior Unsecured Notes
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STAMFORD, Conn., April 19, 2021 /PRNewswire/ Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, Charter ) today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp. (collectively, the Issuers ), intend to offer senior unsecured notes due 2033 (the Notes ).
The Issuers intend to use the net proceeds from the sale of the Notes for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter or common units of Charter Communications Holdings, LLC, to repay certain indebtedness and to pay related fees and expenses.
Charter Communications, Inc. (NASDAQ:CHTR) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.17% to close at $323.14 with the total traded volume of 921449 shares. Charter Communications, Inc. (CHTR) reported that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp. have priced $1.0 billion in aggregate principal amount of senior unsecured notes due 2027.
The Notes will bear interest at a rate of 5.125% per annum and will be issued at a price of 99.0% of the aggregate principal amount. The Notes will form part of the same series as the 5.125% Senior Unsecured Notes issued on February 6, 2017 in the aggregate principal amount of $1.0 billion.
Charter Announces Fourth Quarter and Full Year 2020 Results
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STAMFORD, Conn., Jan. 29, 2021 /PRNewswire/ Charter Communications, Inc. (along with its subsidiaries, the Company or Charter ) today reported financial and operating results for the three and twelve months ended December 31, 2020.
Key highlights:
As of December 31, 2020, Charter served a total of 31.1 million residential and small and medium business ( SMB ) customers, with 1.9 million customers added in 2020 versus 1.1 million added in 2019. Charter added 197,000 total customer relationships in the fourth quarter, compared to 268,000 during the fourth quarter of 2019.
As of December 31, 2020, Charter served a total of 28.9 million residential and SMB Internet customers, with 2.2 million Internet customers added in 2020 versus 1.4 million added in 2019. Charter added 246,000 total Internet customers in the fourth quarter compared to 339,000 during the fo