Moody’s applies Ba1 to Charter notes

Moody's Investors Service said it assigned a Ba1 rating to the proposed senior secured notes of Charter Communications Operating, LLC (CCO), a wholly owned subsidiary of Charter Communications, Inc. (Charter).

The total issuance is expected to be of benchmark size and tenor with proceeds being used for upcoming debt maturities and general corporate purposes.

Charter's Ba2 corporate family rating and stable outlook are unchanged.

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