September 19, 2014 1:06 AM ET

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Company Overview of Mediacom Communications Corporation

Company Overview

Mediacom Communications Corporation operates as a cable television company. It offers broadband products and services, including digital television, video-on-demand, digital video recorders, high-definition television, high-speed Internet access, and phone service. The company also provides home security products, including door and window sensors, motion detectors, moisture sensors, and carbon monoxide and smoke detectors. It serves residential clients, as well as government, education, healthcare, finance, and hospitality industries in the Midwestern and Southeastern regions of the United States. Mediacom Communications Corporation was founded in 1995 and is based in Mediacom Park, New Yor...

1 Mediacom Way

Mediacom Park, NY 10918

United States

Founded in 1995

4,410 Employees

Phone:

855-633-4226

Fax:

845-698-4079

Key Executives for Mediacom Communications Corporation

Chairman and Chief Executive Officer
Age: 64
Chief Financial Officer
Age: 57
Executive Vice President of Operations
Age: 53
Chief Executive Officer of North America
Senior Vice President
Age: 65
Compensation as of Fiscal Year 2014.

Mediacom Communications Corporation Key Developments

Mediacom Communications Promotes Joseph Commisso to Group Vice President of Corporate Finance

Mediacom Communications Corporation announced that Joseph Commisso has been promoted to Group Vice President, Corporate Finance. In his new role, Commisso will be actively involved in all aspects of the Corporate Finance Department's activities, including debt financing, banking relationships, investor relations, external financial reporting, corporate strategy, business development, portfolio investment and liability management. He will report directly to Mark Stephan, Mediacom's Executive Vice President, Chief Financial Officer and Treasurer. Commisso joined Mediacom in 2006 on a full-time basis and most recently served as Vice President, Financial Operations and Corporate Strategy, where he developed and managed the enterprise data warehouse and business intelligence systems. Since the company's founding in 1995, he has played an integral part in Mediacom's growth and has held various internships in financial operations, field management, programming, acquisition due diligence and information technology.

Mediacom Communications Corporation Announces $900 Million of Term Loan Financings

Mediacom Communications Corporation announced that it raised $900 million of term loan commitments from various lenders for its wholly-owned subsidiaries, Mediacom Broadband LLC and Mediacom LLC. Mediacom Broadband LLC completed a $250 million term loan, with a final maturity of June 30, 2017, and a $300 million term loan, with a final maturity of June 30, 2021, pursuant to the bank credit agreement between the operating subsidiaries of Mediacom Broadband LLC and the lenders thereto. Net proceeds were used to fully repay an existing term loan which was scheduled to mature on January 31, 2015. Mediacom LLC received commitments for a new $350 million delayed-draw term loan, with a final maturity of June 30, 2021. Subject to customary closing conditions, Mediacom LLC intends to complete and fund this term loan in the third quarter of 2014 to fully redeem its 91/8% senior notes due 2019, which have an aggregate principal amount of $350 million. This term loan will be made pursuant to the bank credit agreement between the operating subsidiaries of Mediacom LLC and the lenders thereto.

Mediacom Communications Corporation Completes $475 Million of Financing Transactions

Mediacom Communications Corporation announced the completion of a $250 million senior secured term loan and a $225 million revolving credit facility (together with the senior secured term loan, the 'financing transactions'), pursuant to a new amended and restated bank credit agreement between the operating subsidiaries of Mediacom LLC and the lenders thereto. Mediacom LLC is a wholly-owned subsidiary of the company. The new term loan has a final maturity of March 31, 2018, and the new revolving credit facility expires on February 5, 2019. Proceeds from the financing transactions were principally used to repay certain existing term loans scheduled to mature on January 31, 2015.

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