Replies to post #69756 on UnifiedOnline Inc fka UOIP

[ytse]

Here it goes again, COMM, DRIPS, DRIPS AND DRIPS........
Market cap now less than $3B. What is COMM waiting for, Cisco? It costs Cisco less than $0.05 per share earning, it is really does not give a damn
about COMM, does COMM get a hint? Pay up, at least stop the bleeding.

[magnus_invest]

I found what they want the $1.25 billion for, but I wonder what "general" includes????

Use of Proceeds:
The Issuers intend to use the net proceeds of this offering to repay certain indebtedness, which may include the 5.000% Senior Notes due 2020 issued by Time Warner Cable, LLC, with any remaining proceeds used for general

https://www.sec.gov/Archives/edgar/data/1091667/000119312519187406/d754169dex991.htm


Long UOIP,
~Magnus

[Scruffer]

Possibly. Raising $1.25B @ 5.125% interest payable.

$1,250,000,000 principal amount of 5.125% Senior Secured Notes due 2049 (the “Notes”). Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC.

The Issuers intend to use the net proceeds of this offering to repay certain indebtedness, which may include the 5.000% Senior Notes due 2020 issued by Time Warner Cable, LLC, with any remaining proceeds used for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter Communications, Inc. or common units of Charter Communications Holdings, LLC, a subsidiary of Charter Communications, Inc.

Coupon: 5.125%
Yield to Maturity: 5.133%
Interest Payment Dates: January 1 and July 1
Record Dates: December 15 and June 15
First Interest Payment Date: January 1, 2020