Charter Communications Inc.
Charter Communications Extends Credit Facility Maturities
Summary
On December 3, 2024, Charter Communications, Inc., through its subsidiary Charter Communications Operating, LLC, entered into Amendment No. 6 to its Amended and Restated Credit Agreement, extending the maturity dates of its credit facilities. The amendment includes an increase in the revolving credit facility by $960 million maturing on March 15, 2030, and a conversion of certain term loans to extend their maturities. This amendment, along with repayments of existing loans, positions Charter to manage its debt more effectively.
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About Charter Communications Inc.
Charter Communications Inc. is a prominent telecommunications and media company known for providing a range of services including high-speed internet, cable television, and voice communication solutions. Central to its operations is the Spectrum brand, which serves residential, business, and government clients across the United States. Charter Communications plays a vital role in connecting urban and rural communities with essential communication infrastructure, contributing to the modernization and digitization of various sectors. Its broadband internet and TV offerings are designed to meet the growing demand for high-bandwidth applications, streaming, and digital content consumption. Headquartered in Stamford, Connecticut, the company has established itself as a significant player in the telecom industry, continually expanding its footprint and enhancing its service portfolio to cater to the evolving needs of its diverse customer base.
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