secwatch.observer — SEC 8-K summary
======================================

Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0001628280-23-011993
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA subsidiary CSC Holdings prices $1.0B senior notes at 11.250% due 2028
--------------------------------------------------------------------------------

- $1,000.0M aggregate principal of senior guaranteed notes priced, maturing May 15, 2028.
- Interest rate of 11.250% paid semi-annually; closing expected on or about April 25, 2023.
- Proceeds to be used for general corporate purposes, including opportunistic refinancing and capex.
- Issuer may temporarily repay revolving credit facility borrowings pending use of proceeds.
- Notes sold in private placement under Rule 144A and Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023011993/0001628280-23-011993-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023011993/atus-20230418.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-011993

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer