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Charter units close $1.2B debt offering

Charter Communications Inc. said its subsidiaries CCO Holdings LLC and CCO Holdings Capital Corp. closed an offering of $1.2 billion in senior secured notes due 2030.

The notes bear an annual interest rate of 4.750% and were issued at a price of 101.125% of the aggregate principal amount, according to a Dec. 16 news release.

The notes form a part of the same series as the senior unsecured notes due 2030 issued on Oct. 1 and Oct. 24.