Charter Communications Prices $3 Billion Senior Unsecured Notes for Debt Repayment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: PRnewswire
- Financing Size: Charter Communications announced that its subsidiaries CCO Holdings and CCO Holdings Capital have successfully priced $3 billion in senior unsecured notes, expected to close on January 13, 2026, indicating strong demand in the capital markets.
- Debt Management: The proceeds will be used to repay certain debts, including the full redemption of the 5.500% senior notes due 2026 and partial redemption of the 5.125% senior notes due 2027, thereby optimizing the company's capital structure and reducing interest expenses.
- Stock Buyback Plan: Charter also plans to utilize part of the proceeds for stock buybacks, aimed at enhancing earnings per share and increasing shareholder value, reflecting the company's confidence in future growth.
- Market Condition Dependency: The bond issuance will depend on market conditions, indicating the company's ability to adapt in the current economic environment, which may also influence its future financing strategies and capital allocation.
Analyst Views on CHTR
Wall Street analysts forecast CHTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHTR is 303.27 USD with a low forecast of 200.00 USD and a high forecast of 428.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
5 Buy
6 Hold
2 Sell
Hold
Current: 209.710
Low
200.00
Averages
303.27
High
428.00
Current: 209.710
Low
200.00
Averages
303.27
High
428.00
About CHTR
Charter Communications, Inc. is a broadband connectivity company and cable operator serving more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, the Company offers a range of residential and business services, including Spectrum Internet, television (TV), Mobile and Voice. For small businesses, Spectrum Business delivers a range of broadband products and services coupled with special features and applications to enhance productivity. For mid-market and large businesses, Spectrum Business provides customized, fiber-based solutions. Spectrum Reach delivers advertising and production for the modern media landscape. The Company also distributes news coverage and sports programming to its customers through Spectrum Networks. The Company offers its customers subscription-based Internet, video, mobile and voice services, with prices and related charges based on the types of service selected.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
