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Published on 9/17/2019 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch rates Charter unit’s notes BB+

Fitch Ratings said it assigned a BB+/RR4 rating to CCO Holdings, LLC’s benchmark offering of senior notes due 2030. CCO is an indirect, wholly owned subsidiary of Charter Communications, Inc. CCO’s long-term issuer default rating is BB+.

Proceeds are expected to be used for general corporate purposes, which may include buying shares of Charter or common units of Charter Communications Holdings, LLC.

The outlook is stable.


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