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Altice USA units redeem all $1.05 billion 6 3/8% notes due 2020
By Marisa Wong
Morgantown, W.Va., April 27 – Altice USA, Inc. indirect wholly owned subsidiaries Cequel Communications Holdings I, LLC and Cequel Capital Corp. redeemed in full their $1.05 billion of outstanding 6 3/8% senior notes due 2020, according to an 8-K filing with the Securities and Exchange Commission.
The notes were redeemed on April 23 at 101.594 plus accrued interest to the redemption date.
Altice USA is a cable television provider based in New York.
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