Charter 2010 Annual Report Download - page 15
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be, unless otherwise indicated or the context requires otherwise.
Our principal executive offices are located at 12405 Powerscourt
Drive, St. Louis, Missouri 63131. Our telephone number is (314)
965-0555, and we have a website accessible at www.charter.com.
Since January 1, 2002, our annual reports, quarterly reports and
current reports on Form 8-K, and all amendments thereto, have been
made available on our website free of charge as soon as reasonably
practicable after they have been filed. e information posted on our
website is not incorporated into this annual report.
On January 11, 2011, CCO Holdings, LLC (“CCO Holdings”) and
CCO Holdings Capital Corp. completed the sale of $1.1 billion
aggregate principal amount of 7.00% senior notes due 2019. e
payment obligations under the notes are fully and unconditionally
guaranteed on a senior unsecured basis by Charter. On January 24,
2011, CCO Holdings and CCO Holdings Capital Corp. completed
the sale of $300 million aggregate principal amount of 7.00% senior
notes due 2019. e notes formed part of the same series as the
notes issued on January 11, 2011. Upon completion of this offering,
the aggregate principal amount of outstanding notes under this
series is $1.4 billion. e net proceeds of the issuances of the notes
were contributed by CCO Holdings to Charter Communications
Operating, LLC (“Charter Operating”) as a capital contribution and
were used to repay indebtedness under the Amended and Restated
Credit Agreement dated as of March 31, 2010, between Charter
Operating, and various lenders thereunder.
As of December 31, 2010, Paul G. Allen held all 2,241,299 shares
of Class B common stock of Charter. As the holder of the Class B
common stock, he was entitled to appoint four members of Charter’s
board of directors. Pursuant to the terms of the Certificate of
Incorporation of Charter, on January 18, 2011, the Disinterested
Members of the Board of Directors of Charter (as such term is
defined in Charter’s Certificate of Incorporation) caused a conversion
of the shares of Class B common stock into shares of Class A
common stock on a one-for-one basis. As a result of such conversion,
Mr. Allen no longer has the right to appoint four directors and the
Class B directors became Class A directors. On January 18, 2011,
directors William L. McGrath and Christopher M. Temple, both
former Class B directors, resigned from Charter’s board of directors.
Edgar Lee and Stan Parker were appointed to fill the vacant positions.
On February 14, 2011, we announced that Ted Schremp, Executive
Vice President, Operations and Marketing had resigned.