{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-013364","form_type":"8-K","ticker":"OPTU","cik":"0001702780","company_name":"Optimum Communications, Inc.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.113733+00:00","generated_at":"2026-06-16T09:08:51.444415+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Altice USA subsidiary CSC Holdings issues $1.0B of 11.250% senior notes due 2028","bullets":["$1.0B aggregate principal of 11.250% senior guaranteed notes due May 15, 2028 issued on April 25, 2023.","Interest payable semi-annually on May 15 and Nov. 15; first payment Nov. 15, 2023.","Proceeds used for general corporate purposes, including refinancing debt, capex, and fees.","Up to 40% of notes redeemable before May 2025 with equity offering proceeds at 111.250% of par.","On and after May 15, 2025, redeemable at 105.625% (2025), 102.813% (2026), par thereafter."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-013364","json":"https://secwatch.observer/filing/0001628280-23-013364.json","markdown":"https://secwatch.observer/filing/0001628280-23-013364.md","text":"https://secwatch.observer/filing/0001628280-23-013364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/atus-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:08:51.444415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"632a1f95bac975c8b0399ffad2de6fcd361a65ca","claim":"Optimum Communications, Inc. incurred senior notes of $1,000.0 million aggregate principal amount with Deutsche Bank Trust Company Americas, as Trustee at 11.250% senior guaranteed notes due 2028 maturing May 15, 2028.","evidence_excerpt":"On April 25, 2023, CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (the “ Notes ”) in a private placement conducted pursuant to Rule 144A and Regulations S under the Securities Act of 1933, as amended (the “ Offering ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1,000.0 million aggregate principal amount"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas, as Trustee"},{"label":"Rate","value":"11.250% senior guaranteed notes due 2028"},{"label":"Maturity","value":"May 15, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7f594a63663a89e8f7c5533bdd40276906911687","claim":"Optimum Communications, Inc. entered into Indenture with Deutsche Bank Trust Company Americas valued at $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (effective 2023-04-25).","evidence_excerpt":"On April 25, 2023, CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028 (the “ Notes ”) in a private placement conducted pursuant to Rule 144A and Regulations S under the Securities Act of 1933, as amended (the “ Offering ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas"},{"label":"Value","value":"$1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028"},{"label":"Effective","value":"2023-04-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}