secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001104659-26-002909
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optimum Communications subsidiaries enter $1.1B incremental term loan at 9.0% fixed, due 2028
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- Cablevision Litchfield and CSC Optimum (both Optimum subs) borrowed $1.1 billion under an incremental term loan maturing November 25, 2028.
- Interest accrues at 9.00% per annum fixed; no amortization required.
- Proceeds refinanced the existing ABS Loan Agreement receivables facility and paid related fees and expenses.
- JPMorgan Chase serves as administrative and collateral agent for the lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000110465926002909/0001104659-26-002909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000110465926002909/tm262903d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-002909

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