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Form 8-K · Current Report · Filed 2024-12-09

Charter Communications Extends Credit Facility Maturities

On December 3, 2024, Charter Communications, Inc., through its subsidiary Charter Communications Operating, LLC, entered into Amendment No.

Filer
Charter Communications Inc. CHTR · NASDAQ
Filed
Accession
0001104659-24-126817
CIK
0001091667
Signal
Medium impactCommunication Services

Details

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.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued Credit Facility Entered
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$403.06

Next session

-6.2%

Since filing

-64.0%

Latest close

$144.98

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CHTR reporting the same item, with the next session's move:

Exhibits (2)

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.

Exchange NASDAQ Industry Telecom Services Company website ↗

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