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Auction sets debt prices of 78, 2.375 for settling Charter LCDSs, CDSs
By Angela McDaniels
Tacoma, Wash., April 21 - The final price of Charter Communications, Inc. debt was set at 78 for the purpose of settling loan-only credit default swaps and 2.375 for settling other CDSs, according to Creditex and Markit.
The prices were set via an auction on Tuesday that was administered by Creditex and Markit.
Charter Communications is a St. Louis-based provider of video services, high-speed internet services and telephone services. The company filed for bankruptcy on March 27. Its Chapter 11 case number is 09-11435.
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