Optimum Communications units secure $250 million incremental term loan at 9% under amended credit agreement
Optimum Communications, Inc. Class A OPTU | 0.00 |
- Optimum Communications subsidiaries Cablevision Litchfield, CSC Optimum Holdings entered a Second Amended and Restated UnSub Credit Agreement on July 6, 2026.
- Deal adds a $250 million incremental term loan commitment under the Second A&R UnSub Credit Agreement.
- UnSub Incremental Term Loan matures Nov. 25, 2028; fixed interest rate 9%; no amortization.
- Proceeds earmarked for general corporate purposes.
- JPMorgan Chase Bank serves as administrative agent, collateral agent for the lender group.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Optimum Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-080797), on July 06, 2026, and is solely responsible for the information contained therein.
