Charter, Main Street Capital tap existing bonds; AXIS offers notes; Experian holds deal calls

By Cristal Cody

Tupelo, Miss., Dec. 2 – Charter Communications, Inc. priced a $1.3 billion add-on to its 4.8% senior secured notes due March 1, 2050 on Monday.

Charter also was in the primary market during the session with a $1.2 billion tap of its junk-rated 4¾% senior notes due March 1, 2030 (expected ratings B1/BB/BB+) via issuers CCO Holdings, LLC/CCO Holdings Capital Corp.

In other supply, Main Street Capital Corp. brought a $75 million add-on to its 5.2% notes due May 1, 2024 (/BBB/) on Monday.

Meanwhile, AXIS Specialty Finance plc held a roadshow over the day for a registered offering of fixed-rate reset junior subordinated notes due 2040.

Also on Monday, Experian Finance plc held fixed income investor calls for a dollar-denominated Rule 144A and Regulation S offering of 10-year senior notes (Baa1/A-/), according to a market source.

HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Santander Investment Securities Inc. and Wells Fargo Securities LLC are the arrangers.

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