Charter Communications Announces Senior Secured Notes Offering

Reported 1 day ago

Charter Communications, Inc. (NASDAQ:CHTR) has revealed plans to offer senior secured fixed-rate notes through its subsidiaries, aimed at raising funds for general corporate purposes including debt repayment and share buybacks. The offering will comply with SEC regulations and is being managed by J.P. Morgan Securities, Citigroup, and Morgan Stanley. Despite a challenging year for the stock, analysts foresee a potential recovery in share price.

Source: YAHOO

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