Advertisement
UK markets close in 3 hours 3 minutes

  • FTSE 100

    8,114.64
    +35.78 (+0.44%)
     

  • FTSE 250

    19,799.78
    +197.80 (+1.01%)
     

  • AIM

    754.67
    +1.55 (+0.21%)
     

  • GBP/EUR

    1.1664
    +0.0007 (+0.06%)
     

  • GBP/USD

    1.2511
    +0.0000 (+0.00%)
     

  • Bitcoin GBP

    51,420.06
    +267.46 (+0.52%)
     

  • CMC Crypto 200

    1,387.90
    -8.63 (-0.62%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    84.39
    +0.82 (+0.98%)
     

  • GOLD FUTURES

    2,354.30
    +11.80 (+0.50%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,054.62
    +137.34 (+0.77%)
     

  • CAC 40

    8,046.70
    +30.05 (+0.37%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Charter Communications announces six-part USD bond

Reuters - UK Focus

By Davide Scigliuzzo

NEW YORK, July 9 (IFR) - Charter Communications (NasdaqGS: CHTR - news) announced a new six-part benchmark US dollar bond deal for pricing on Thursday that will help fund its US$56bn acquisition of Time Warner Cable.

Goldman Sachs (NYSE: GS-PB - news) is the global coordinator for the deal, which also sees Bank of America Merrill Lynch and Credit Suisse (NYSE: CS - news) as active books, with Deutsche Bank (Xetra: 514000 - news) and UBS (NYSEArca: FBGX - news) as passive books.

The high-grade bond is part of an expected US$31bn funding plan that also includes issuance of high-yield bonds and bank debt. (Reporting by the IFR team; Editing by Marc Carnegie)