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Cablevision calls 7¾% senior notes due 2018 for redemption
New York, Jan. 17 – Cablevision Systems Corp. will redeem its $750 million of 7¾% senior notes due April 15, 2018 on Feb. 16, according to a notice from the issuer.
The redemption price will be calculated according to the terms in the note indenture, and holders will also receive accrued interest to the redemption date.
Cablevision is a Bethpage, N.Y.-based cable operator and a subsidiary of CSC Holdings, LLC. The transaction is part of a spinoff of parent Altice USA Inc. from Altice NV.
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