STAMFORD, Conn., June 21, 2017 /PRNewswire/ -- Charter
Communications, Inc. (NASDAQ: CHTR) (along with its
subsidiaries, "Charter") today announced that its subsidiaries, CCO
Holdings, LLC and CCO Holdings Capital Corp., have decided not to
proceed with the previously announced senior unsecured notes
offering as current terms and conditions available in the market
were not sufficiently attractive for Charter to move forward.
"Today's debt capital market conditions did not allow this
segment of investor expectations and those of Charter to
align," said Christopher Winfrey,
Chief Financial Officer of Charter Communications. "We will
continue to be highly disciplined in our approach to
financings, and will return to the broader credit markets when
market conditions meet our expectations."
This news release is neither an offer to sell nor a solicitation
of an offer to buy the notes and shall not constitute an offer,
solicitation or sale, nor is it an offer to purchase, or the
solicitation of an offer to sell the notes in any jurisdiction in
which such offer, solicitation, or sale is unlawful.
About Charter
Charter (NASDAQ: CHTR) is a leading broadband communications
company and the second largest cable operator in the United States. Charter provides a full
range of advanced broadband services, including Spectrum TV™ video
entertainment programming, Spectrum Internet™ access, and Spectrum
Voice™. Spectrum Business™ similarly provides scalable, tailored,
and cost-effective broadband communications solutions to business
organizations, such as business-to-business Internet access, data
networking, business telephone, video and music entertainment
services, and wireless backhaul. Charter's advertising sales and
production services are sold under the Spectrum Reach™ brand. More
information about Charter can be found at www.charter.com.
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SOURCE Charter Communications, Inc.