Charter to Refinance Credit Facilities

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Charter Communications Inc. will arrange and syndicate a refinancing of the existing senior secured credit facilities held by Charter Communications Operating LLC.

The MSO said it engaged JPMorgan Securities Inc., Banc of America Securities LLC and Citigroup Global Markets Inc. for the transaction.

The proposed $6.8 billion credit facilities will include a new $300 million revolver/term-credit facility, a $5 billion term loan due in 2013 and certain amendments to the existing $1.5 billion revolving credit facility, Charter added.

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