Optimum Communications, Inc. — Form 8-K
Filed July 6, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Optimum Communications amended and restated its credit agreement dated July 6, 2026. The facility comprises: (1) Initial Term Loan $2,000M (funded November 25, 2025), (2) Incremental Term Loan $1,100M (funded January 12, 2026), and (3) Second Incremental Term Loan $250M (new, funded July 6, 2026). Total facility: $3,350M. All tranches mature November 25, 2028. Interest rate: 9.00% per annum. Administrative agent and collateral agent: JPMorgan Chase Bank, N.A. Borrowers: Cablevision of Litchfield LLC and CSC Optimum Holdings LLC.
Why this rating
Additional $250M tranche is 7% of total facility and 0.04% of company market cap ($588M). Routine debt amendment with incremental funding.
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