Monday, December 19, 2011

Charter Closes on $750 Million Term Loan

Charter Communications has closed on a $750 million term loan A senior secured credit facility. The Term Loan A facility has a delayed draw component: $250 million was funded on closing of the Term Loan A and the remaining $500 million will be funded no later than March 15, 2012. The proceeds will be used for general corporate purposes.

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