Charter Communications Enters Material Definitive Agreement

Ticker: CHTR · Form: 8-K · Filed: Dec 9, 2024 · CIK: 1091667

Charter Communications, Inc. /Mo/ 8-K Filing Summary
FieldDetail
CompanyCharter Communications, Inc. /Mo/ (CHTR)
Form Type8-K
Filed DateDec 9, 2024
Risk Levelmedium
Pages5
Reading Time5 min
Key Dollar Amounts$960 million, $5.5 billion, $4.5 billion, $2.5 billion
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

Charter just signed a big deal, more details to come.

AI Summary

On December 3, 2024, Charter Communications, Inc. entered into a material definitive agreement related to a direct financial obligation. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. The specific details of the agreement and financial implications are not fully disclosed in this summary.

Why It Matters

This filing indicates a significant new financial commitment or agreement for Charter Communications, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, suggesting potential financial risks or opportunities that are not yet fully detailed.

Key Players & Entities

  • Charter Communications, Inc. (company) — Filer
  • CCO Holdings LLC (company) — Related Filer
  • 2024-12-03 (date) — Date of Report
  • 2024-12-09 (date) — Filing Date

FAQ

What is the nature of the material definitive agreement entered into by Charter Communications?

The filing states that Charter Communications, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the summary.

What is the direct financial obligation mentioned in the filing?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for Charter Communications, Inc., but the specifics are not detailed.

When was this 8-K filing submitted?

This 8-K filing was submitted on December 9, 2024.

What is the primary business of Charter Communications, Inc. according to the filing?

Charter Communications, Inc. is listed under the Standard Industrial Classification code 4841 for Cable & Other Pay Television Services.

Are there any specific dollar amounts mentioned in relation to the new agreement?

No specific dollar amounts related to the material definitive agreement or financial obligation are mentioned in the provided summary of the filing.

Filing Stats: 1,352 words · 5 min read · ~5 pages · Grade level 10.5 · Accepted 2024-12-09 17:09:35

Key Financial Figures

  • $960 million — ng on August 31, 2027) is approximately $960 million with SOFR (as defined in the Existing C
  • $5.5 billion — itments (maturing on March 15, 2030) is $5.5 billion with a pricing of SOFR plus 1.25%, (c)
  • $4.5 billion — 15, 2030) outstanding is approximately $4.5 billion with a pricing of SOFR plus 1.25% and (
  • $2.5 billion — ng on December 15, 2031) outstanding is $2.5 billion with a pricing of SOFR plus 2.25%. Ame

Filing Documents

01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

Item 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. Amendment No. 6 to the Amended and Restated Credit Agreement On December 3, 2024 (the "Closing Date"), Charter Communications Operating, LLC ("CCO") and CCO Holdings, LLC ("CCO Holdings") entered into that certain Amendment No. 6 ("Amendment No. 6") with the Lenders (as defined therein) and Bank of America, N.A., as administrative agent (the "Administrative Agent") to the Amended and Restated Credit Agreement, dated as of March 18, 1999, as amended and restated on April 26, 2019, as amended by Amendment No. 1 on October 24, 2019, as amended by Amendment No. 2 on May 26, 2022, as amended by Amendment No. 3 on February 10, 2023, as amended by Amendment No. 4 on March 23, 2023, and as amended by Amendment No. 5 on December 7, 2023, by and among CCO, CCO Holdings, the Lenders party thereto and the Administrative Agent (such credit agreement as in effect immediately prior to Amendment No. 6, the "Existing Credit Agreement" and as amended by Amendment No. 6, the "Amended Credit Agreement"). The changes to the Existing Credit Agreement include, among other things: (i) establishment of a new class of Revolving C Commitments (as defined in the Amended Credit Agreement) (including by converting a portion of the Revolving B Commitments (as defined in the Amended Credit Agreement) to Revolving C Commitments), (ii) the conversion of a portion of the Term A-5 Loans (as defined in the Amended Credit Agreement) outstanding immediately prior to the Closing Date to Term A-7 Loans (as defined in the Amended Credit Agreement), (iii) the conversion or replacement of a portion of the Term B-2 Loans (as defined in the Amended Credit Agreement) outstanding immediately prior to the Closing Date with a new tranche of Term B-5 Loans (as defined in the Amended Credit Agreement) and repayment of any remaining Term B-2 Loans that are not converted to Term B-5 Loans and (iv) certain other amendments to the Existing Credit Agreement. Sub

03. CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A

Item 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information under the heading "Amendment No. 6 to the Amended and Restated Credit Agreement" in Item 1.01 above is incorporated herein by reference.

01 REGULATION FD DISCLOSURE

ITEM 7.01 REGULATION FD DISCLOSURE. On the Closing Date, Charter Communications, Inc. (the "Company") issued a press release announcing that its subsidiaries, CCO and CCO Holdings, entered into Amendment No. 6 to the Amended Credit Agreement. A copy of that press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The furnishing of the attached press release is not an admission as to the materiality of any information therein. The information contained in the press release is summary information that is intended to be considered in the context of more complete information included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and other public announcements that the Company has made and may make from time to time by press release or otherwise. The information in this Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the press release attached as Exhibit 99.1 to this Current Report shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

01. FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit Number Description 10.1 Amendment No. 6 to the Amended and Restated Credit Agreement. 99.1 Press Release dated December 9, 2024. 10.4 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, each of Charter Communications, Inc. and CCO Holdings, LLC has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. CHARTER COMMUNICATIONS, INC., Registrant Date: December 9, 2024 By: /s/ Kevin D. Howard Name: Kevin D. Howard Title: Executive Vice President, Chief AccountingOfficer and Controller CCO HOLDINGS, LLC, Registrant Date: December 9, 2024 By: /s/ Kevin D. Howard Name: Kevin D. Howard Title: Executive Vice President, Chief AccountingOfficer and Controller 3 Co-Registrant CIK Co-Registrant Amendment Flag false Co-Registrant Form Type 8-K Co-Registrant DocumentPeriodEndDate 2024-12-03 Incorporate State Country Code Delaware Co-Registrant Written Communications false Co-Registrant Solicitating Materials false Co-Registrant PreCommencement Tender Offer false Co-Registrant PreCommencement Issuer Tender Offer false Co-Registrant AddressLine1 400 Washington Blvd. Co-Registrant City or Town Stamford Co-Registrant State Connecticut Co-Registrant Postal Zip code 06902 Co-Registrant City area code 203 Co-Registrant Local Phone number 905-7801 Co-Registrant Emerging Growth Company false

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.