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Charter Communications plans senior secured notes offering for Cox deal

August 6, 2026 8:34 AM

Charter Communications, Inc. (NASDAQ: CHTR) announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp., intend to offer senior secured fixed rate notes.



According to a press release, the company plans to use the net proceeds to pay the cash consideration for its previously announced acquisition of Cox Communications, Inc., as well as for general corporate purposes, including repaying certain indebtedness and paying related fees and expenses.



The offering is not conditioned on the closing of the Cox acquisition, and the Cox transaction is not conditioned on the completion of this offering.



The offering will be made under an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission and is subject to market conditions.



Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC will serve as joint book-running managers for the offering.

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