Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Optimum Communications, Inc. incurred term loan of $1,100 million with JPMorgan Chase Bank, N.A. at a fixed rate per annum equal to 9.000% maturing November 25, 2028.
- Instrument
- term loan
- Principal
- $1,100 million
- Counterparty
- JPMorgan Chase Bank, N.A.
- Rate
- a fixed rate per annum equal to 9.000%
- Maturity
- November 25, 2028
- Event
- incurrence
Exact text from the filing
The A&R UnSub Credit Agreement provides for, among other things, an incremental term loan commitment in an aggregate principal amount of $1,100 million. The loans made pursuant to the incremental term loan commitment (the “UnSub Incremental Term Loan”) have the same terms as the initial term loans extended pursuant to the Credit Agreement, dated as of November 25, 2025, among, inter alios, CSC Optimum, Cablevision Litchfield, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative and collateral agent and will (i) mature on November 25, 2028, (ii) accrue interest at a fixed rate per annum equal to 9.000% and (iii) not amortize.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Optimum Communications, Inc. entered into Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $1,100 million (effective 2026-01-12).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A.
- Value
- $1,100 million
- Effective
- 2026-01-12
Exact text from the filing
On January 12, 2026, Cablevision Litchfield, LLC (“Cablevision Litchfield”) and CSC Optimum Holdings, LLC (“CSC Optimum”), each an indirect wholly-owned subsidiary of Optimum Communications, Inc., entered into an Amended and Restated Credit Agreement (the “A&R UnSub Credit Agreement”), by and among Cablevision Litchfield and CSC Optimum, each as a borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.
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