Charter Communications Unveils Major $1.75 Billion Senior Secured Notes Offering

In a strategic financial maneuver signaling robust confidence in its long-term vision, Charter Communications, Inc. (NASDAQ: CHTR) has unveiled a significant private offering of $1.75 billion in 6.500% Senior Secured Notes, set to mature in 2037. This substantial capital raise underscores Charter's proactive approach to optimizing its financial structure and fueling future growth initiatives.

The offering, a pivotal move for the telecommunications giant, targets qualified institutional buyers in the United States under Rule 144A, as well as select non-U.S.

persons outside the U.S. in compliance with Regulation S. This targeted approach ensures the notes are placed with sophisticated investors, reflecting the company's meticulous financial planning.

Charter Communications intends to allocate the net proceeds from this offering primarily for general corporate purposes.

This broad mandate includes the potential for strategic share repurchases, which can enhance shareholder value, and the possibility of repaying existing indebtedness. Such financial flexibility is crucial for a company of Charter's scale, allowing it to adapt to market conditions and pursue opportunities that strengthen its market position.

These Senior Secured Notes will be recognized as senior secured obligations of Charter Communications Operating, LLC and Charter Communications Operating Capital, LLC, key operational entities within the Charter ecosystem.

Furthermore, their value is reinforced by robust guarantees from Charter Communications Holdings, LLC and certain of its subsidiaries, providing an added layer of security for investors.

It's important to note that these notes, along with their associated guarantees, have not been, and will not be, registered under the Securities Act of 1933, as amended, or any state securities laws.

Consequently, they cannot be offered or sold in the United States without a valid registration or an applicable exemption from such registration requirements.

This offering exemplifies Charter Communications' ongoing commitment to prudent financial management and strategic capital deployment, ensuring the company remains well-positioned to innovate, expand, and deliver exceptional broadband connectivity and cable services to its vast customer base for years to come.