---
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"
generated_at: "2026-06-16T09:08:51.444415+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Altice USA subsidiary CSC Holdings issues $1.0B of 11.250% senior notes due 2028

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-013364
- JSON: https://secwatch.observer/filing/0001628280-23-013364.json
- Plain text: https://secwatch.observer/filing/0001628280-23-013364.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $1,000.0 million aggregate principal amount
  - Counterparty: Deutsche Bank Trust Company Americas, as Trustee
  - Rate: 11.250% senior guaranteed notes due 2028
  - Maturity: May 15, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Value: $1,000.0 million aggregate principal amount of 11.250% senior guaranteed notes due 2028
  - Effective: 2023-04-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.