Charter to Raise $750 Million

Photo courtesy of Creative Commons
Charter Communications Inc. announced Wednesday that its subsidiaries, CCO Holdings LLC and CCO Holdings Capital Corp., intend to publicly offer $750 million in aggregate principal amount of senior unsecured notes due 2023.

The proceeds will be used for general corporate purposes, including to repay existing bank debt.

Charter, which announced earlier this year that it is moving it’s top executives from St. Louis to Stamford, Conn., reported a net loss of $87 million on revenue of $1.88 billion in its third quarter ended Sept. 30.

Read more on St. Louis Business Journal.


Tags:, ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more