Charter 2005 Annual Report Download - page 60

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CHARTER COMMUNICATIONS, INC. 2005 FORM 10-K
DESCRIPTION OF OUR OUTSTANDING DEBT
As of December 31, 2005, our actual total debt was approximately $19.4 billion, as summarized below (dollars in millions):
December 31, 2005
Semi-Annual Start Date For
Principal Accreted Interest Payment Interest Payment
Amount Value(a) Dates on Discount Notes Maturity Date(b)
Charter Communications, Inc.:
4.750% convertible senior notes due 2006(c) $ 20 $ 20 12/1 & 6/1 6/1/06
5.875% convertible senior notes due 2009(c) 863 843 5/16 & 11/16 11/16/09
Charter Holdings:
8.250% senior notes due 2007 105 105 4/1 & 10/1 4/1/07
8.625% senior notes due 2009 292 292 4/1 & 10/1 4/1/09
9.920% senior discount notes due 2011 198 198 4/1 & 10/1 10/1/04 4/1/11
10.000% senior notes due 2009 154 154 4/1 & 10/1 4/1/09
10.250% senior notes due 2010 49 49 1/15 & 7/15 1/15/10
11.750% senior discount notes due 2010 43 43 1/15 & 7/15 7/15/05 1/15/10
10.750% senior notes due 2009 131 131 4/1 & 10/1 10/1/09
11.125% senior notes due 2011 217 217 1/15 & 7/15 1/15/11
13.500% senior discount notes due 2011 94 94 1/15 & 7/15 7/15/06 1/15/11
9.625% senior notes due 2009 107 107 5/15 & 11/15 11/15/09
10.000% senior notes due 2011 137 136 5/15 & 11/15 5/15/11
11.750% senior discount notes due 2011 125 120 5/15 & 11/15 11/15/06 5/15/11
12.125% senior discount notes due 2012 113 100 1/15 & 7/15 7/15/07 1/15/12
CIH(a):
11.125% senior notes due 2014 151 151 1/15 & 7/15 1/15/14
9.920% senior discount notes due 2014 471 471 4/1 & 10/1 4/1/14
10.000% senior notes due 2014 299 299 5/15 & 11/15 5/15/14
11.750% senior discount notes due 2014 815 781 5/15 & 11/15 11/15/06 5/15/14
13.500% senior discount notes due 2014 581 578 1/15 & 7/15 7/15/06 1/15/14
12.125% senior discount notes due 2015 217 192 1/15 & 7/15 7/15/07 1/15/15
CCH I(a):
11.00% senior notes due 2015 3,525 3,683 4/1 & 10/1 10/1/15
CCH II, LLC:(d)
10.250% senior notes due 2010 1,601 1,601 3/15 & 9/15 9/15/10
CCO Holdings, LLC:
83
/4% senior notes due 2013 800 794 5/15 & 11/15 11/15/13
3/15,6/15,
Senior floating notes due 2010 550 550 9/15 & 12/15 12/15/10
Charter Operating:
8% senior second-lien notes due 2012 1,100 1,100 4/30 & 10/30 4/30/12
83/8% senior second-lien notes due 2014 733 733 4/30 & 10/30 4/30/14
Renaissance Media Group LLC:
10.000% senior discount notes due 2008 114 115 4/15 & 10/15 10/15/03 4/15/08
Credit Facilities
Charter Operating(d) 5,731 5,731
$19,336 $19,388(e)
(a) The accreted value presented above generally represents the principal amount of the notes less the original issue discount at the time of sale plus the accretion to the
balance sheet date except as follows. The accreted value of the CIH notes issued in exchange for Charter Holdings notes and the CCH I notes issued in exchange for the
8.625% Charter Holdings notes due 2009 are recorded at the historical book values of the Charter Holdings notes for financial reporting purposes as opposed to the
current accreted value for legal purposes and notes indenture purposes (which, for both purposes, is the amount that would become payable if the debt becomes
immediately due). As of December 31, 2005, the accreted value of our debt for legal purposes and notes and indentures purposes is $18.8 billion.
(b) In general, the obligors have the right to redeem all of the notes set forth in the above table (except with respect to the 5.875% convertible senior notes due 2009, the
8.25% Charter Holdings notes due 2007, the 10.000% Charter Holdings notes due 2009, the 10.75% Charter Holdings notes due 2009 and the 9.625% Charter Holdings
notes due 2009) in whole or part at their option, beginning at various times prior to their stated maturity dates, subject to certain conditions, upon the payment of the
outstanding principal amount (plus a specified redemption premium) and all accrued and unpaid interest. The 5.875% convertible senior notes are redeemable if the
closing price of our Class A common stock exceeds the conversion price by certain percentages as described below. For additional information. See Note 9 to the
accompanying consolidated financial statements contained in ‘‘Item 8. Financial Statements and Supplementary Data.’’
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