Charter Communications, Inc. announced that its subsidiary, Charter Communications Operating, LLC ("CCO"), entered into an amendment (the "Amendment") to CCO's Credit Agreement on May 26, 2022 to: (i) convert all of CCO's Term A-4 Loans to Term A-5 Loans, (ii) borrow $2.85 billion additional Term A-5 Loans and extend the maturity of the Term A-5 Loans to August 31, 2027, (iii) create and borrow a new tranche of $500 million of Term A-6 Loans maturing August 31, 2028, (iv) increase the size of CCO's revolving credit facility, change the interest rate benchmark from LIBOR to SOFR, and extend the maturity date to August 31, 2027 and (v) make certain other amendments to the Credit Agreement. Charter used a portion of the proceeds from the Amendment to repay all of the Term A-2 Loans, the Term A-4 Loans and all Revolving Loans outstanding prior to the effective date of the Amendment. After giving effect to the Amendment: (i) the aggregate principal amount of Term A-5 Loans outstanding is $6.05 billion with a pricing of SOFR plus 1.25%, (ii) the aggregate principal amount of Term A-6 Loans outstanding is $500 million with a pricing of SOFR plus 1.50% and (iii) the aggregate amount of the revolving credit facility increased by $750 million to a total capacity of $5.5 billion with a pricing of SOFR plus 1.25%.

The aggregate principal amount of Term B-1 Loans (maturing April 30, 2025) and Term B-2 Loans (maturing February 1, 2027) outstanding are $2.4 billion and $3.7 billion, respectively, with LIBOR-based pricing unchanged.