Charter Communications (CHTR) Prices $2B Notes Offering

Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), have priced $2.0 billion in aggregate principal amount of notes consisting of the following securities:

• $1.1 billion in aggregate principal amount of Senior Secured Notes due 2026 (the "2026 Notes"). The 2026 Notes will bear interest at a rate of 6.150% per annum and will be issued at a price of 99.911% of the aggregate principal amount.
• $900 million in aggregate principal amount of Senior Secured Notes due 2034 (the "2034 Notes" and, together with the 2026 Notes, the "Notes"). The 2034 Notes will bear interest at a rate of 6.650% per annum and will be issued at a price of 99.878% of the aggregate principal amount.

The Issuers intend to use the net proceeds from the sale of the Notes for general corporate purposes, including to repay certain indebtedness, to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, LLC and to pay related fees and expenses. Charter expects to close the offering of the Notes on November 10, 2023, subject to customary closing conditions.

The offering and sale of the Notes were made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC").

BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC were Joint Book-Running Managers for the senior secured notes offering. The offering was made only by means of a prospectus supplement dated November 7, 2023 and the accompanying base prospectus, copies of which, when available, may be obtained on the SEC's website at www.sec.gov or by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001, Attn: Prospectus Department, by telephone: 1-800-294-1322 or by emailing: [email protected], or by contacting Deutsche Bank Securities Inc., Attention: Prospectus Group, 1 Columbus Circle, New York, NY 10019; Telephone: (800) 503-4611; E-mail: [email protected], or by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; E-mail: [email protected].

This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale, nor is it an offer to purchase, or the solicitation of an offer to sell the Notes in any jurisdiction in which such offer, solicitation, or sale is unlawful.

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