---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-002254"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:22:53.853272+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Altice USA subsidiary issues $2.05B of 11.75% senior notes due 2029 to refinance maturing debt

## Summary
- CSC Holdings issued $2.05B of 11.750% senior guaranteed notes due Jan 31, 2029 in private placement.
- Proceeds used with cash to refinance fully outstanding term loans maturing in 2025 and 2026.
- Issuer expects to draw $750M under revolver to refinance $750M of 5.250% Senior Notes due 2024.
- Notes redeemable at 111.75% before Jan 2026 with equity proceeds; call prices step down after Jan 2026.

## SEC filing metadata
- accession: 0001628280-24-002254
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2024-01-25T23:59:59+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/1702780/000162828024002254/0001628280-24-002254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000162828024002254/atus-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-002254
- JSON: https://secwatch.observer/filing/0001628280-24-002254.json
- Plain text: https://secwatch.observer/filing/0001628280-24-002254.txt

## Key facts
- Debt Financings
  Optimum Communications, Inc. incurred senior notes of $2,050.0 million with Deutsche Bank Trust Company Americas at 11.750% maturing January 31, 2029.
  - Instrument: senior notes
  - Principal: $2,050.0 million
  - Counterparty: Deutsche Bank Trust Company Americas
  - Rate: 11.750%
  - Maturity: January 31, 2029
  - Event: incurrence
  source text: On January 25, 2024 (the “Issue Date”), CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828024002254/0001628280-24-002254-index.htm
- Material Agreements
  Optimum Communications, Inc. entered into Indenture with Deutsche Bank Trust Company Americas, as Trustee valued at $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029 (effective 2024-01-25).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas, as Trustee
  - Value: $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029
  - Effective: 2024-01-25
  source text: On January 25, 2024 (the “Issue Date”), CSC Holdings, LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Altice USA, Inc., issued $2,050.0 million aggregate principal amount of its 11.750% senior guaranteed notes due 2029 (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/1702780/000162828024002254/0001628280-24-002254-index.htm

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