Charter subsidiaries set $500m bond offer.(Charter Communications Inc. says two subsidiaries will issues bonds worth some $500 million)(Brief Article)
Multichannel News, November, 2003
ST, Louis -- Charter Communications Inc., said two subsidiaries will issue bonds worth about $500 million in an effort to pay down some of its $18.5 billion debt. In a Nov. 4 press release, Charter said the two subsidiaries--CCO Holdings, LLC and CC0 Holdings Capital Corp.--will offer the senior notes, due 2013, to institutional buyers in a private transaction.
Charter said that subject to market conditions, the offering could be completed within the next week.
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