Deals 05/18/2021

Loop Capital Markets acts as co-manager on a $2.80 billion senior unsecured bond offering for Charter Communications Operating LLC.

On May 18, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $2.80 billion bond offering for Charter Communications Operating LLC. The bonds are rated Ba1/BBB- across 31- and 40-year tranches.

Use of proceeds are earmarked for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter and common units of Charter Holdings, to repay certain indebtedness, and to pay related fees and expenses.