PR Newswire·Aug 20, 2026, 10:03 PM ET

Charter Announces Expiration And Final Results Of Debt Exchange Offers

CHTR

Charter Communications announced the expiration of Pool 1 & Pool 2 Exchange Offers on August 20, 2026, where holders exchanged Old Notes for cash & new Senior Secured Notes due 2038 or 2041.
Pool 1 Offer results showed $84.396 million tendered (0.8% of outstanding), while Pool 2 Offer results showed $60.651 million tendered (0.6% of outstanding).
The 4.500% senior debentures due 2042 issued by TWC Issuer were fully capped at $614.423 million, meaning no additional tenders for that specific series were accepted after the Early Tender Date.
Final settlement is expected on August 24, 2026, with total exchanges of $2.749 billion in Pool 1 Notes for New 2038 Notes & cash, and $2.75 billion in Pool 2 Notes for New 2041 Notes & cash.
The maximum issuance caps were set at $2 billion for New 2038 Notes, $2 billion for New 2041 Notes, and $614.423 million for the specific TWC 4.500% Notes.
Eligible Holders receiving the Early Exchange Premium must have validly tendered Old Notes between August 5, 2026, & the August 20, 2026 expiration date.
The New Notes were issued as private placements not registered with the SEC, available only to Qualified Institutional Buyers under Rule 144A or non-U.S. persons under Regulation S.
Barclays Capital Inc., Citigroup Global Markets Inc., & Morgan Stanley served as joint lead dealer managers, while D.F. King & Co., Inc. acted as the exchange agent.
Charter Communications is a broadband & video company serving over 70 million homes & businesses across 45 states under the Spectrum brand.