Charter Communications via typical issuer entity CCO Holdings today announced plans to offer $1.5 billion of eight-year senior notes to help pay down some upcoming bond maturities and fund general corporate purposes. Those include funding a portion of the cash payments owed to Time Warner Cable shareholders since the takeover, and in the case that the cash-election option is made, according to a company statement. The targets are the balance of 7% notes due 2019 and 7.375% notes due 2020, the company added.
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