New Issue-CCO Holdings sells $1.5 bln notes

Wed May 4, 2011 10:59am EDT

  May 4 (Reuters) - CCO Holdings LLC and CCO Holdings
Capital Corp, units of Charter Communications (CHTR.O), late on
Tuesday sold $1.5 billion of senior notes, said IFR, a Thomson
Reuters service.
  The size of the deal was increased from an originally
planned $1 billion.
  UBS, Bank of America Merrill Lynch, Citigroup, Credit
Suisse and Deutsche Bank were the joint bookrunning managers
for the sale.
BORROWER: CCO HOLDINGS LLC/CCO HOLDINGS CAPITAL CORP
AMT $1.5 BLN      COUPON 6.50 PCT     MATURITY 4/30/2021 
TYPE SR NTS       ISS PRICE 100       FIRST PAY 10/30/2011
MOODY'S B1        YIELD 6.50 PCT      SETTLEMENT 5/10/2011
S&P BB-MINUS      SPREAD 324.9 BPS    PAY FREQ SEMI-ANNUAL
FITCH BB-MINUS     MORE THAN TREAS    NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS                                  


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