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Charter units close $1B debt offering

Charter Communications Inc. units CCO Holdings LLC and CCO Holdings Capital Corp. closed the sale of $1 billion of senior unsecured notes due 2027.

The notes, which bear an interest rate of 5.125% per year and were issued at a price of 99% of the total principal amount, are part of the same series as the 5.125% senior unsecured notes issued Feb. 6. The series of notes in the two offerings have an aggregate principal amount of $2 billion.