secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001628280-23-013364
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/0001628280-23-013364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023013364/atus-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-013364

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