Charter Communications Inc. reported initial results of the tender offer by its units CCO Holdings LLC and CCO Holdings Capital Corp. for any and all of the outstanding 7.875% senior notes due 2018. The early tender and consent deadline, holders of approximately $296 million of the notes had validly tendered their notes. The aggregate purchase price, including the consent payment, will not exceed $316 million. Charter intends to redeem the remaining amount of the outstanding notes not validly tendered in the tender offer prior to the early tender and consent deadline as permitted by the terms of the indenture governing the notes. Charter intends to consummate the redemption June 3, 2013. The tender offer is scheduled to expire May 16, 2013 unless extended or earlier terminated.

Charter Communications Inc. announced that its subsidiaries, CCO Holdings LLC and CCO Holdings Capital Corp., have closed on the private sale of $1 billion in aggregate principal amount of senior unsecured notes in two tranches, due in 2021 and 2023. The 2021 Notes total $500 million in aggregate principal amount and bear an interest rate of 5.25% per annum. The 2023 Notes total $500 million in aggregate principal amount and bear an interest rate of 5.75% per annum. The Notes were issued at par. The Notes resulted in net proceeds to the company of approximately $987 million after deducting underwriting discounts, commissions and other expenses. Charter intends to use the net proceeds from the sale of the Notes for general corporate purposes, including to repay existing bank debt. The Notes were sold to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulations.

Charter Communications, Inc. and CCO Holdings LLC priced a previously announced private offering of $1 billion in aggregate principal amount of senior unsecured notes in two tranches due 2021 and 2023. The 2021 Notes total $500 million in aggregate principal amount and will bear an interest rate of 5.25% per annum. The 2023 Notes total $500 million in aggregate principal amount and will bear an interest rate of 5.75% per annum. Charter intends to use the net proceeds from the sale of the Notes for general corporate purposes, including to repay existing bank debt. The Notes will be sold to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S.