Bond Charter Communications Inc. 6.384% ( USU16109AG27 ) in USD

Issuer	Charter Communications Inc.
Market price	100 % ▼
Country	United States
ISIN code	USU16109AG27 ( in USD )
Interest rate	6.384% per year ( payment 2 times a year)
Maturity	23/10/2035
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Minimal amount	2 000 USD
Total amount	2 000 000 000 USD
Cusip	U16109AG2
Standard & Poor's ( S&P ) rating	BBB- ( Lower medium grade - Investment-grade )
Moody's rating	N/A
Next Coupon	23/10/2026 ( In 168 days )
Detailed description	Charter Communications operates through its Spectrum brand, providing broadband internet access, video, and voice services to residential and business customers in numerous US states. This financial overview details a significant bond offering by Charter Communications Operating, an integral subsidiary of Charter Communications, Inc., one of America's leading broadband connectivity and cable operators. Charter Communications Operating serves as the primary issuing entity for debt instruments from its parent company, a Fortune 500 enterprise that provides a wide array of communications services, including internet, TV, and voice, to millions of residential and business customers across the United States. As a major player in the U.S. telecommunications sector, its operational stability and market position are key considerations for investors evaluating its debt. The specific bond under review is identified by ISIN USU16109AG27 and CUSIP U16109AG2, denominated in United States Dollars (USD), and was issued within the United States. It carries a fixed annual coupon rate of 6.384%, with interest payments distributed semi-annually, reflecting a common structure for corporate debt instruments. The total size of this particular issue amounts to a substantial USD 2,000,000,000, indicating a significant financing endeavor by the issuer. This bond is set to mature on October 23, 2035, providing a long-term investment horizon for holders. Currently, the bond trades on the market at 100% of its par value, suggesting it is priced at par. The minimum purchase increment for this security is USD 2,000, making it accessible to a range of institutional and individual investors. Standard & Poor's (S&P) has assigned a credit rating of BBB- to this bond, placing it at the lowest rung of investment-grade territory. This rating implies that while the issuer currently possesses adequate capacity to meet its financial commitments, it is more susceptible to adverse economic conditions than higher-rated obligors. Consequently, this bond offers investors a long-term, USD-denominated fixed-income opportunity from a prominent U.S. telecommunications firm, characterized by a competitive coupon rate and an investment-grade credit profile, albeit at the lower end of that spectrum.