Altice unit gets commitments to refinance with $2.56 billion revolver

By Sarah Lizee

Olympia, Wash., Jan. 25 – Altice USA, Inc. wholly owned subsidiary CSC Holdings, LLC obtained commitments to refinance its existing revolving credit facility, according to a press release.

After the refinancing, the total size of the new revolver will be $2.56 billion, including $2.17 billion extended to January 2024 and priced at Libor plus 225 basis points.

Interest was previously Libor plus 325 bps.

Altice USA is a Bethpage, N.Y., broadband communications and video services provider.

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