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Charter Communications Inc (CHTR.OQ)

CHTR.OQ on NASDAQ Stock Exchange Global Select Market

240.69USD
25 Jul 2016
Change (% chg)

$-2.78 (-1.14%)
Prev Close
$243.47
Open
$243.35
Day's High
$244.51
Day's Low
$240.13
Volume
363,937
Avg. Vol
806,098
52-wk High
$244.51
52-wk Low
$172.76

Latest Key Developments (Source: Significant Developments)

Charter Communications to delist Time Warner Cable, LLC sterling pound notes from NYSE
Tuesday, 5 Jul 2016 01:39pm EDT 

Charter Communications Inc : Charter announces intention to delist Time Warner Cable, LLC sterling pound notes from the NYSE . Intention to voluntarily delist from New York Stock Exchange 5¾% notes due 2031 and 5¼% notes due 2042 of Time Warner Cable, LLC . Does not intend to arrange for listing or registration of sterling notes on another exchange or for quotation in a quotation medium .Associated guarantee of sterling notes by Time Warner Cable Enterprises also expected to be delisted in connection therewith.  Full Article

Newhouse Broadcasting reports 13 pct stake in Charter Communications
Friday, 27 May 2016 04:03pm EDT 

Newhouse Broadcasting Corp :Newhouse Broadcasting Corp reports 13.0 percent stake in Charter Communications Inc as of May 17 - SEC filing.  Full Article

Charter, Time Warner Cable and Bright House Networks receive final regulatory approval for transactions
Thursday, 12 May 2016 09:20pm EDT 

Time Warner Cable Inc : Charter, Time Warner Cable and Bright House Networks receive final regulatory approval for transactions . Received approval from California Public Utilities Commission for transactions between parties .Says "pleased to have now obtained all approvals".  Full Article

Charter wins final regulatory approval to buy Time Warner Cable- Bloomberg
Thursday, 12 May 2016 02:08pm EDT 

:Charter Communications won final regulatory approval to buy Time Warner Cable as California authorities approved the merger - Bloomberg.  Full Article

Charter Communications Inc offers $2.5 billion senior unsecured notes
Thursday, 5 Nov 2015 07:24am EST 

Charter Communications Inc:Says subsidiary, CCOH Safari, LLC, intends to offer $2.5 billion in aggregate principal amount of senior unsecured notes due 2026.Intends to use the net proceeds from the sale of the Notes to partially finance Charter's previously announced transactions with Time Warner Cable Inc. and Bright House Networks, LLC.  Full Article

Charter closes $1.0 billion term loan h and $2.8 billion term loan i senior secured credit facilities
Monday, 24 Aug 2015 10:25pm EDT 

Charter Communications Inc:Closes $1.0 billion term loan h and $2.8 billion term loan i senior secured credit facilities.Intends to use net proceeds from the new term loans to partially finance charter's transactions with Time Warner Cable.Proceeds from new term loans have been placed in escrow at cco safari III, llc until the closing of deal between Charter and Time Warner Cable.Final maturity date of the term loan h is August 24, 2021, and the final maturity date of the term loan i is January 24, 2023.  Full Article

Charter Communications closes on $15.5 billion senior secured notes
Thursday, 23 Jul 2015 06:02pm EDT 

Charter Communications:Says its subsidiary, CCO Safari II, LLC, has closed on the sale of $15.5 billion of senior secured notes due 2020, 2022, 2025, 2035, 2045 and 2055.The 2020 Notes total $2.0 billion in aggregate principal amount and bear an interest rate of 3.579% per annum.The 2022 Notes total $3.0 billion in aggregate principal amount and bear an interest rate of 4.464% per annum.The 2025 Notes total $4.5 billion in aggregate principal amount and bear an interest rate of 4.908% per annum.The 2035 Notes total $2.0 billion in aggregate principal amount and bear an interest rate of 6.384% per annum.The 2045 Notes total $3.5 billion in aggregate principal amount and bear an interest rate of 6.484% per annum.The 2055 Notes total $500 million in aggregate principal amount and bear an interest rate of 6.834% per annum.Charter intends to use the net proceeds from the sale of the Notes to partially finance Charter's previously announced transactions with Time Warner Cable Inc. and Bright House Networks, LLC.  Full Article

Charter Communications offers senior secured notes
Thursday, 9 Jul 2015 08:33am EDT 

Charter Communications Inc:Offers senior secured notes.Says subsidiary, cco safari II, llc, intends to offer senior secured notes due 2020, 2022, 2025, 2035, 2045 and 2055.Use the net proceeds from sale of notes to partially finance charter's transactions with Time Warner Cable Inc.  Full Article

Charter prices $15.5 billion senior secured notes
Thursday, 2 Jul 2015 08:17pm EDT 

Charter Communications Inc:Announces that its subsidiary, CCO Safari II, LLC, has priced $15.5 billion of senior secured notes due 2020, 2022, 2025, 2035, 2045 and 2055.Intends to use the net proceeds from the sale of the Notes to partially finance Charter's previously announced transactions with Time Warner Cable Inc. and Bright House Networks, LLC.Says the proceeds from the offering of the Notes will be placed in escrow at CCO Safari II, LLC.Says until the closing of the transaction between Charter and Time Warner Cable Inc., at which time the Notes will be assumed by Charter's subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp.  Full Article

Charter Communications to Merge with Time Warner Cable and Acquire Bright House Networks
Tuesday, 26 May 2015 06:00am EDT 

Charter Communications Inc:Says have entered into a definitive agreement for Charter to merge with Time Warner Cable.Says Deal values Time Warner Cable at $78.7 bln.Says Charter will provide $100.00 in cash and shares of a new public parent company (New Charter) equivalent to 0.5409 shares of CHTR for each Time Warner Cable share outstanding.Says Deal values each Time Warner Cable share at about $195.71 based on Charter's market closing price on May 20, or about $200 based on Charter's 60-trading day volume weighted average price.Charter will provide an election option for each Time Warner Cable stockholder, other than Liberty Broadband Corp or Liberty Interactive Corp, who will receive all stock, to receive $115.00 of cash and New Charter shares equivalent to 0.4562 shares of CHTR for each Time Warner Cable share they own.Says Charter and Advance/Newhouse Partnership have amended the agreement which the two parties signed and announced on March 31, 2015, whereby Charter will acquire Bright House Networks for $10.4 billion.Says Charter and Advance/Newhouse to form a new partnership of which New Charter will own between about 86% and 87% and of which Advance/Newhouse will own between about13% and 14%.Says New Charter will be led by Tom Rutledge, who will serve as President and CEO.Says New Charter's Board of Directors will consist of 13 directors including Mr. Rutledge, who will be offered the position of Chairman.  Full Article

BRIEF-Charter Communications to delist Time Warner Cable, LLC sterling pound notes from NYSE

* Charter announces intention to delist Time Warner Cable, LLC sterling pound notes from the NYSE