secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001628280-24-001726
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA subsidiary prices $2.05B senior notes at 11.75% to refinance near-term debt
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- CSC Holdings priced $2.05B aggregate principal of senior guaranteed notes due 2029 at 11.75% interest.
- Proceeds will refinance in full term loans maturing in 2025 and 2026.
- Expects to draw $750M under revolving credit facility to repay 5.25% Senior Notes due 2024.
- Closing expected on or about January 25, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024001726/0001628280-24-001726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024001726/atus-20240118.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-001726

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