Charter Prices $3.0 Billion Senior Unsecured Notes

Rhea-AI Summary

Charter Communications (NASDAQ: CHTR) priced $3.0 billion of senior unsecured notes: $1.75 billion due 2033 at 7.000% and $1.25 billion due 2036 at 7.375%, each issued at 100% of principal.

Charter expects to close the offering on January 13, 2026. Net proceeds are intended for general corporate purposes, including the full redemption of the Issuers' 5.500% senior notes due 2026, partial redemption of the 5.125% senior notes due 2027, potential buybacks of Class A common stock and common units, and related fees and expenses.

The notes were sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S; they are not registered under the Securities Act and the offering is subject to market conditions.

Positive

• Issued $3.0 billion senior unsecured notes
• 2033 notes sized at $1.75 billion at 7.000%
• 2036 notes sized at $1.25 billion at 7.375%
• Proceeds earmarked to fully redeem 5.500% 2026 notes

Negative

• New notes carry relatively high coupons of 7.000% and 7.375%
• Notes are not registered under the Securities Act, limiting U.S. resale
• Offering completion is subject to market conditions

Key Figures

Total notes issued $3.0 billion Aggregate principal amount of new senior unsecured notes

2033 Notes size $1.75 billion Senior Notes due 2033 principal amount

2033 coupon 7.000% per annum Interest rate on Senior Notes due 2033

2036 Notes size $1.25 billion Senior Notes due 2036 principal amount

2036 coupon 7.375% per annum Interest rate on Senior Notes due 2036

Redemption target 2026 Notes 5.500% coupon Existing Senior Notes due 2026 to be fully redeemed

Redemption target 2027 Notes 5.125% coupon Existing Senior Notes due 2027 to be partially redeemed

Expected closing date January 13, 2026 Anticipated closing of the new notes offering

Market Reality Check

$210.59 Last Close

Volume Volume 2,894,549 is 1.65x the 20-day average of 1,754,089 shares, indicating elevated trading interest ahead of the notes deal. high

Technical Shares at $210.62 are trading below the $303.55 200-day MA and about 51.81% below the 52-week high of $437.06.

Peers on Argus

CHTR was up 0.29% while key telecom peers were mixed: CHT -0.98%, AMX -3.24%, BCE -2.06%, TU +0.30%, SATS +5.22%. Moves do not indicate a uniform sector trend around this debt pricing.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Jan 05	Product partnership	Positive	+0.3%	Launch of Lakers immersive viewing on Apple Vision Pro platform.
Dec 18	Earnings logistics	Neutral	-0.7%	Announcement of timing for Q4 and full-year 2025 webcast.
Dec 15	Workforce initiative	Positive	+1.4%	Details on education benefits and frontline workforce investments.
Dec 02	Conference appearance	Neutral	+1.1%	CEO participation in UBS media and communications conference.
Nov 20	Product expansion	Positive	+0.3%	Expansion of 4K content via Spectrum TV App to more devices.

Pattern Detected

Recent news items have tended to produce modest single-day reactions, with generally positive or neutral operational announcements followed by small price moves.

Recent Company History

Over the last few months, Charter’s news flow has centered on product enhancements, workforce initiatives, and investor communications. Launches like expanded 4K content and the Lakers Apple Immersive experience coincided with small positive moves (up to about 1.41%). Scheduling of the Q4/FY25 webcast saw a modest negative reaction of -0.73%. Against this backdrop, the new $3.0 billion senior unsecured notes pricing fits a pattern of balance sheet and capital markets activity alongside ongoing operational updates.

Market Pulse Summary

This announcement details Charter’s pricing of $3.0 billion in senior unsecured notes split between 2033 and 2036 maturities, with proceeds earmarked for general corporate purposes, including redeeming 2026 and 2027 notes and potential share buybacks. Investors may focus on the new coupons of 7.000% and 7.375%, the impact on overall funding costs, and execution of the planned redemptions once the offering is expected to close on January 13, 2026.

Key Terms

senior unsecured notes financial

"have priced $3.0 billion in aggregate principal amount of senior unsecured notes"

Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.

senior notes financial

"$1.75 billion in aggregate principal amount of Senior Notes due 2033"

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

qualified institutional buyers financial

"sold to qualified institutional buyers or persons reasonably believed to be qualified"

Qualified institutional buyers are large organizations, like big investment firms or banks, that are allowed to buy certain types of investment opportunities not available to everyday investors. Their size and experience matter because it ensures they understand and can handle complex financial deals, making markets more efficient and secure.

rule 144a regulatory

"buyers in reliance on Rule 144A and outside the United States to non-U.S. persons"

Rule 144A is a regulation that makes it easier for companies to sell private bonds to large investors without going through all the usual rules that apply to public sales. It matters because it helps companies raise money more quickly and privately, often attracting big investors looking for special deals.

regulation s regulatory

"outside the United States to non-U.S. persons in reliance on Regulation S."

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

indentures regulatory

"delivered pursuant to the indentures governing the 2026 Notes and the 2027 Notes"

Indentures are the written contracts that set out the terms and protections for a debt issue, such as a bond or note, including payment schedule, interest rate, collateral, and what happens if the borrower misses payments. Think of it like the rulebook and safety features for a loan that both the borrower and lenders agree to; investors use it to assess their rights, recoveries in trouble, and limits on the issuer’s future actions.

notice of redemption regulatory

"nothing contained in this news release constitutes a notice of redemption"

A notice of redemption is a formal announcement from a bond or preferred-stock issuer that it will repay and retire those securities on a specified date and at a specified price, telling holders which issues will be called and when. It matters to investors because it changes the timing and amount of expected cash flows—like a store buying back a gift card early, you get your money sooner but may lose future income and must find a new place to reinvest.

AI-generated analysis. Not financial advice.

STAMFORD, Conn., Jan. 6, 2026 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, CCO Holdings, LLC ("CCO Holdings") and CCO Holdings Capital Corp. ("CCO Holdings Capital," and together with CCO Holdings, the "Issuers"), have priced $3.0 billion in aggregate principal amount of senior unsecured notes consisting of the following securities:

• $1.75 billion in aggregate principal amount of Senior Notes due 2033 (the "2033 Notes"). The 2033 Notes will bear interest at a rate of 7.000% per annum and will be issued at a price of 100% of the aggregate principal amount.
• $1.25 billion in aggregate principal amount of Senior Notes due 2036 (the "2036 Notes" and, together with the 2033 Notes, the "Notes"). The 2036 Notes will bear interest at a rate of 7.375% per annum and will be issued at a price of 100% of the aggregate principal amount.

The Issuers intend to use the net proceeds from this offering for general corporate purposes, including to repay certain indebtedness, including the full redemption of the Issuers' 5.500% Senior Notes due 2026 (the "2026 Notes") and the partial redemption of the Issuers' 5.125% Senior Notes due 2027 (the "2027 Notes"), to fund potential buybacks of Charter's Class A common stock and common units of Charter Communications Holdings, LLC and to pay related fees and expenses. Charter expects to close the offering of the Notes on January 13, 2026, subject to customary closing conditions.

The Notes were sold to qualified institutional buyers or persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The offering is subject to, among other things, market conditions.

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 in any jurisdiction in which such offer, solicitation, or sale is unlawful. The intended redemption of the 2026 Notes and the 2027 Notes will be made solely pursuant to notices of redemption that will be delivered pursuant to the indentures governing the 2026 Notes and the 2027 Notes, as applicable, and nothing contained in this news release constitutes a notice of redemption of the 2026 Notes or the 2027 Notes.

About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company with services available to 58 million homes and small to large businesses across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet^®, Mobile, TV and Voice products.

More information about Charter can be found at corporate.charter.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the potential offering.  Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations.  Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the Securities and Exchange Commission.  Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as "believe," "future," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity," "tentative," "positioning," "designed," "create," "predict," "project," "initiatives," "seek," "would," "could," "continue," "ongoing," "upside," "increases," "grow," "focused on" and "potential," among others.

All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement.  We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.

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SOURCE Charter Communications, Inc.

FAQ

What did Charter (CHTR) announce on January 7, 2026 about new debt?

Charter priced $3.0 billion of senior unsecured notes: $1.75B due 2033 at 7.000% and $1.25B due 2036 at 7.375%.

How will Charter use proceeds from the $3.0 billion note offering (CHTR)?

Proceeds are for general corporate purposes, including full redemption of the 5.500% 2026 notes, partial redemption of the 5.125% 2027 notes, potential buybacks, and fees.

When does Charter (CHTR) expect to close the $3.0 billion notes offering?

Charter expects to close the offering on January 13, 2026, subject to customary closing conditions.

Were the new CHTR notes registered for public resale in the U.S.?

No. The notes were sold under Rule 144A and Regulation S and have not been registered under the Securities Act.

Will the CHTR offering affect share repurchases?

The company said net proceeds may be used to fund potential buybacks of Class A common stock and common units of Charter Communications Holdings.