Charter Communications Inc. subsidiaries Charter Communications Operating LLC and Charter Communications Operating Capital Corp. have priced a $2.0 billion offering of senior secured notes.

The offering comprises $1.25 billion in senior secured notes due 2029 and $750 million in senior secured notes due 2048. The 2029 notes will bear interest at a rate of 5.050% per annum and will be issued at a price of 99.935% of the aggregate principal amount, the company said Jan. 14.

The 2048 notes will form a part of the same series as the issuers' senior secured notes due 2048 issued April 3, 2018, which bear interest at a rate of 5.750% per annum. The 2048 notes will be issued at a price of 94.970% of the aggregate principal amount.

Charter plans to use the net proceeds for general corporate purposes, including funding potential stock buybacks and repaying debt.

Charter expects to close the offering on Jan. 17, subject to customary closing conditions. Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. were joint book-running managers for the offering.