01—Abstract
Summary
Summary of the 8-K filed August 18, 2026. Cited figures are marked; the original filing is the authoritative source.
Charter Communications, Inc. (CHTR) has filed an 8-K report detailing the issuance of a significant amount of senior secured notes on August 18, 2026.
The company, through its subsidiaries Charter Communications Operating, LLC and Charter Communications Operating Capital Corp., has successfully issued a total of $4.75 billiona in aggregate principal amount across four series of notes: $1.75 billion in 6.050% Senior Secured Notes due 2032, $1 billion in 6.600% Senior Secured Notes due 2034, $1 billion in 6.950% Senior Secured Notes due 2036, and $1 billion in 7.850% Senior Secured Notes due 2056. These notes are senior secured obligations, guaranteed on a senior secured basis by CCO Holdings, LLC (the Parent Guarantor) and certain subsidiaries. The issuance was made under an existing automatic shelf registration statement and a prospectus supplement.
The proceeds from this offering will be used to refinance existing debt or for general corporate purposes, as is typical for such debt issuances. Investors should note the varying interest rates and maturity dates across these new debt instruments, as well as the covenants and events of default outlined in the supplemental indenture.
02—Key points
Key Highlights
- Charter Communications (CHTR) issued $4.75 billion in aggregate principal amount of new senior secured notes on August 18, 2026.
- The notes are divided into four series with different coupon rates and maturity dates: 6.050% due 2032, 6.600% due 2034, 6.950% due 2036, and 7.850% due 2056.
- The notes are senior secured obligations, with guarantees from CCO Holdings, LLC and certain subsidiaries.
- The issuance is backed by a first-priority security interest in the Issuers' and Guarantors' assets that also secure obligations under the company's credit agreement.
- The company entered into a Twenty-Eighth Supplemental Indenture to govern the terms of these new notes.
- The Indenture includes covenants that limit the company's ability to grant liens, sell assets, or merge/consolidate.
- Customary events of default are included in the Indenture, which could lead to accelerated repayment of the notes.
03—Questions
Frequently Asked Questions
What is the total amount of debt issued by Charter Communications in this filing?
Charter Communications, through its subsidiaries, issued a total of $4.75 billion in aggregate principal amount of senior secured notes.
What are the specific terms of the notes issued?
The notes consist of $1.75 billion of 6.050% Senior Secured Notes due 2032, $1 billion of 6.600% Senior Secured Notes due 2034, $1 billion of 6.950% Senior Secured Notes due 2036, and $1 billion of 7.850% Senior Secured Notes due 2056.
What is the collateral backing these new notes?
The notes and their guarantees are secured by a pari passu, first-priority security interest in the Issuers' and Guarantors' assets that secure obligations under the company's credit agreement, subject to certain permitted liens.
Are there any restrictions on Charter's business operations due to this debt issuance?
Yes, the indenture governing the notes includes covenants that limit the Issuers' ability to grant liens, sell substantially all of their assets, or merge or consolidate with other entities. These are standard for secured debt issuances.
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