Charter communications, inc. announces completion of tender offer for debt securities
Charter communications, inc. announced the completion of its previously announced tender offer by its subsidiaries, cco holdings, llc and cco holdings capital corp. to purchase any and all of its outstanding $500 million 5.250% senior notes due 2021. the tender offer expired at 5:00 p.m.new york city time, on september 27, 2019. in total, $60,628,000 or 12.13% of the 2021 notes were validly tendered prior to the expiration time. the conditions to the tender offer have been satisfied and charter has accepted for purchase all 2021 notes validly tendered and not validly withdrawn at or prior to the expiration time. payment for the 2021 notes validly tendered and accepted for payment is expected to be made now with the proceeds of charter's previously announced offering of senior notes. charter has conditionally called for redemption all of the 2021 notes that were not tendered pursuant to the tender offer and remain outstanding after the expiration time, on october 18, 2019, at the redemption price of $1,000.00 for every $1,000 principal amount of 2021 notes, plus accrued and unpaid interest to, but not including, the date of redemption. following the redemption, no principal amount of 2021 notes will remain outstanding. charter issued a conditional notice of partial redemption to redeem $850 million of its $1.0 billion outstanding 5.750% senior notes due 2024 on october 18, 2019, at a redemption price of $1,019.17 for every $1,000 principal amount of 2024 notes, plus accrued and unpaid interest to, but not including, the date of redemption. following the redemption, $150 million principal amount of 2024 notes will remain outstanding.
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