CHTR
Charter Announces Debt Exchange Offers
Article Summary
HOLD- Charter Communications Inc. (NASDAQ: CHTR) announced the commencement of a private offer to exchange seven series of notes issued by its wholly-owned subsidiaries for a new series of Senior Secured Notes due 2038 (the New 2038 Notes) to be issued by Charter Communications Operating Capital Corp. and Time Warner Cable, LLC (the Old Notes Issuers), with the aggregate principal amount of Pool 1 Notes accepted for exchange based on order of acceptance priority for such series as set forth in table below and the sub-cap with respect to aggregate principal of 4.500% senior debentures due 2042 issued by TWC Issuer.
- The offer involves exchange of cash consideration for a combination of cash and new senior secured notes, subject to the New 20 38 Notes Cap not exceeding $1,750,000,000 and the acceptance priority of each series determined in accordance with the applicable Acceptance Priority Level, with 1 being highest at the Early Tender Dat' and 7 being lowest at the lowest.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -0.9% | 25% | 0.0 ptsDeclining (-0.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 13.0% | 25% | 35.0 ptsBelow Screener (13.0%) - Modest outlook |
| Target Price Upside ? | 85.5% | 20% | 100.0 ptsMassive Upside (85.5%) - Target: $234.65 vs Current: $126.50 |
| Gross Margin % ? | 46.2% | 15% | 60.0 ptsSolid (46.2%) - Decent margins |
| Drawdown from 52-Wk High ? | -68.5% | 15% | 100.0 ptsDeep Discount (-68.5%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CHTR
- Charter Communications, Inc. operates as a broadband connectivity company in the United States.
- The company offers subscription-based internet, mobile, video, and voice services; broadband connectivity services, including fixed internet, WiFi, and mobile; Spectrum internet products; advanced WiFi services; and in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their wireless internet experience.
- It also offers wireline voice communications services using voice over internet protocol technology; Call Guard, an advanced caller ID and robocall blocking solution; video programming and video services, including access to an interactive programming guide with parental controls, video on demand and pay-per-view services; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services.
- In addition, the company provides advertising services on cable television networks, various streaming services, and advertising platforms for local, regional and national businesses.
- Further, it offers production and technical services for regional sports networks; owns and manages local news channels, including Spectrum News NY1® and Spectrum News SoCal; and delivers broadband connectivity solutions to apartments, single-family gated communities, off-campus student housing, senior residences, and RV parks.
- The company was founded in 1993 and is headquartered in Stamford, Connecticut.