-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ub7L5Vtn1kHBwyScO9KP1qvVqe/PpHkvLPt+9Lk4gXMCPdQ+/5hYqPf1xFi+PnoQ vfHtPrnTFQgpAW6UcrbWrg== 0000950123-03-008099.txt : 20030711 0000950123-03-008099.hdr.sgml : 20030711 20030711085111 ACCESSION NUMBER: 0000950123-03-008099 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030711 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHARTER COMMUNICATIONS INC /MO/ CENTRAL INDEX KEY: 0001091667 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 431857213 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: 1934 Act SEC FILE NUMBER: 005-57191 FILM NUMBER: 03782871 BUSINESS ADDRESS: STREET 1: 12405 POWERSCOURT DRIVE STREET 2: SUITE 100 CITY: ST LOUIS STATE: MO ZIP: 63131 BUSINESS PHONE: 3145435712 MAIL ADDRESS: STREET 1: 12405 POWERSCOURT DRIVE STREET 2: SUITE 100 CITY: ST LOUIS STATE: MO ZIP: 63131 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHARTER COMMUNICATIONS INC /MO/ CENTRAL INDEX KEY: 0001091667 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 431857213 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: 12405 POWERSCOURT DRIVE STREET 2: SUITE 100 CITY: ST LOUIS STATE: MO ZIP: 63131 BUSINESS PHONE: 3145435712 MAIL ADDRESS: STREET 1: 12405 POWERSCOURT DRIVE STREET 2: SUITE 100 CITY: ST LOUIS STATE: MO ZIP: 63131 SC TO-C 1 z88272sctovc.txt CHARTER COMMUNICATIONS, INC. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO (RULE 14D-100) TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 CHARTER COMMUNICATIONS, INC. (Name of Subject Company (Issuer)) CHARTER COMMUNICATIONS, INC. (Name of Filing Person (Issuer)) 4.75% CONVERTIBLE SENIOR NOTES DUE 2006 5.75% CONVERTIBLE SENIOR NOTES DUE 2005 (Title of Classes of Securities) 16117MAC1 16117MAB3 16117MAA5 (CUSIP Numbers of Classes of Securities) CURTIS S. SHAW, ESQ. CHARTER COMMUNICATIONS, INC. 12405 POWERSCOURT DRIVE ST. LOUIS, MISSOURI 63131 (314) 965-0555 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons) COPIES TO: ALVIN G. SEGEL, ESQ. IRELL & MANELLA LLP 1800 AVENUE OF THE STARS, SUITE 900 LOS ANGELES, CALIFORNIA 90067 (310) 277-1010 CALCULATION OF FILING FEE
TRANSACTION VALUATION* AMOUNT OF FILING FEE* - ---------------------- --------------------- not applicable not applicable
- --------------- * As the filing contains only preliminary communications made before the commencement of the tender offer, no filing fee is required. [ ] Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: Not applicable Filing Party: Not applicable Form or Registration No.: Not applicable Date Filed: Not applicable [X] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: [ ] third-party tender offer subject to Rule 14d-1. [X] issuer tender offer subject to Rule 13e-4. [ ] going-private transaction subject to Rule 13e-3. [ ] amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: [ ] - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- This Tender Offer Statement on Schedule TO is filed by Charter Communications, Inc., a Delaware corporation ("CCI"). Pursuant to General Instruction D to Schedule TO, this Schedule TO relates to pre-commencement communications by CCI with respect to its outstanding 4.75% Convertible Senior Notes due 2006 and its outstanding 5.75% Convertible Senior Notes due 2005 (collectively, the "Notes"). CCI has not yet commenced the offer that is referred to in this communication. Upon commencement of such offer, CCI will file with the Securities and Exchange Commission (the "SEC") a Schedule TO and related exhibits, including an Offer to Purchase, the Letter of Transmittal and other related documents. Holders of the Notes are urged to read the Schedule TO and related exhibits, including the Offer to Purchase, the Letter of Transmittal and other related documents, when these become available because they will contain important information about the offer. The Schedule TO and related exhibits will be available without charge at the Securities and Exchange Commission website at www.sec.gov and will be delivered without charge to all holders of the Notes by CCI upon request to CCI's investor relations department or at investor@chartercom.com. ITEM 12. EXHIBITS. Exhibit 99.1................................. Text of Press Release issued on July 11, 2003
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------- ----------- 99.1 Text of Press Release issued on July 11, 2003
EX-99.1 3 z88272exv99w1.txt PRESS RELEASE [CHARTER COMMUNICATIONS LOGO] NEWS FOR IMMEDIATE RELEASE: CHARTER COMMUNICATIONS ANNOUNCES PROPOSED TENDER OFFERS FOR CERTAIN NOTES ST. LOUIS, MO - Charter Communications, Inc. (NASDAQ: CHTR) announced today that it (the "Company" or "CCI") and its indirect subsidiary, Charter Communications Holdings, LLC ("Holdings"), intend to commence cash tender offers today for a portion of the Company's convertible senior notes and a portion of Holdings' senior notes and senior discount notes. The Company intends to fund the tender offers through a $1.7 billion financing by subsidiaries of the Company. The tender offers are intended to reduce the Company's consolidated debt and extend the maturities of its outstanding indebtedness. CCI TENDER OFFERS CCI's tender offers relate to both series of its convertible senior notes (the "CCI Notes"). Pursuant to the tender offers, CCI is offering to acquire up to $1,106 million of the outstanding principal amount of the CCI Notes. The table below shows, among other things, the principal purchase amount of each series of CCI Notes that CCI is seeking to purchase and the tender offer consideration that CCI will pay for each series of CCI Notes. CCI's tender offers will expire at 8:00 a.m., New York City time, on Friday, August 8, 2003, unless extended or earlier terminated. Holders whose CCI Notes are validly tendered and accepted for purchase will be paid the applicable tender offer consideration plus accrued and unpaid interest to, but not including, the payment date.
- ---------------------------------------------------------------------------------------------------- THE NOTES CUSIP PRINCIPAL PRINCIPAL TENDER OFFER NUMBER AMOUNT PURCHASE CONSIDERATION(2) OUTSTANDING(1) AMOUNT - ---------------------------------------------------------------------------------------------------- 4.75% CONVERTIBLE 16117MAC1 $632,500,000 $506,000,000 $800.00 SENIOR NOTES DUE 2006 - ---------------------------------------------------------------------------------------------------- 5.75% CONVERTIBLE 16117MAB3 $750,000,000 $600,000,000 $825.00 SENIOR NOTES DUE 2005 16117MAA5 - ----------------------------------------------------------------------------------------------------
- ---------- (1) Aggregate principal amount outstanding as at June 30, 2003. (2) Per $1,000 principal amount of notes that are accepted for purchase. CCI's obligation to accept CCI Notes tendered and to pay the tender offer consideration is subject to a number of conditions which will be set forth in the Offer to Purchase and Letter of Transmittal for the tender offers. Citigroup Global Markets Inc. ("Citigroup") is the dealer manager for the CCI tender offers. Questions concerning the terms of the CCI tender offers should be directed to Citigroup's Liability Management Desk, 390 Greenwich Street, 4th Floor, New York, New York 10013, telephone: (800) 558-3745. The Bank of New York is the depositary agent in connection with the CCI tender offers. D.F. King & Co., Inc. is the information agent for the CCI tender offers. At the time that CCI commences its tender offers it intends to file a Tender Offer Statement on Schedule TO with the Securities and Exchange Commission (the "SEC"), which will contain the complete terms and conditions of the tender offers in an Offer to Purchase and Letter of Transmittal and will be mailed to holders of the CCI Notes. Holders of the CCI Notes are urged to read the tender offer documents carefully when they become available because they will contain important information. Copies of the offer to purchase and letter of transmittal may be obtained free of charge from at the SEC's web site, www.sec.gov or from the information agent at (800) 549-6650. HOLDINGS TENDER OFFERS Holdings' tender offers relate to the senior notes and senior discount notes listed in the table below (the "Holdings Notes"). Pursuant to the tender offers, Holdings is offering -2- to purchase up to $285.0 million of outstanding principal amount of its notes. The table below shows the principal purchase amount of each series of Holdings Notes that Holdings is seeking to purchase and the tender offer consideration that Holdings will pay for each series of Holdings Notes. Tenders of Holdings Notes may not be withdrawn after 8:00 a.m., New York City time, on Friday, August 8, 2003, except under limited circumstances. Holdings' tender offers will expire at 8:00 a.m., New York City time, on Friday, August 8, 2003, unless extended or earlier terminated. Holders whose Holdings Notes are validly tendered and accepted for purchase will be paid the applicable tender offer consideration plus (except for the senior discount notes) accrued and unpaid interest to, but not including, the payment date.
- -------------------------------------------------------------------------------------------------------------------- MAXIMUM PRINCIPAL PRINCIPAL TENDER PRINCIPAL CUSIP AMOUNT PURCHASE OFFER PURCHASE THE NOTES(1) NUMBER OUTSTANDING(2) AMOUNT(3) CONSIDERATION(4) AMOUNT - -------------------------------------------------------------------------------------------------------------------- SENIOR NOTES: - -------------------------------------------------------------------------------------------------------------------- 8.625% SENIOR NOTES DUE 2009 16117PAE0 $1,500,000,000 $61,000,000 $810.00 16117PAB6 - -------------------------------------------------------------------------------------------------------------------- 10.000% SENIOR NOTES DUE 2009 16117PAK6 $675,000,000 $28,000,000 $850.00 10.750% SENIOR NOTES DUE 2009 16117PAT7 $900,000,000 $37,000,000 $860.00 9.625% SENIOR NOTES DUE 2009 16117PAZ3 $700,000,000 $29,000,000 $820.00 16117PAY6 - -------------------------------------------------------------------------------------------------------------------- 10.250% SENIOR NOTES DUE 2010 16117PAL4 $325,000,000 $13,000,000 $840.00 11.125% SENIOR NOTES DUE 2011 16117PAV2 $500,000,000 $21,000,000 $850.00 16117PAQ3 - -------------------------------------------------------------------------------------------------------------------- 10.000% SENIOR NOTES DUE 2011 16117PBB5 $875,000,000 $36,000,000 $810.00 16117PBA7 16117PBF6 - -------------------------------------------------------------------------------------------------------------------- SENIOR DISCOUNT NOTES: - -------------------------------------------------------------------------------------------------------------------- 9.920% SENIOR DISCOUNT NOTES DUE 2011 16117PAF7 $1,475,000,000 $60,000,000 $730.00 - -------------------------------------------------------------------------------------------------------------------- $1,775,000,000 - --------------------------------------------------------------------------------------------------------------------
- ---------- (1) For the avoidance of doubt, Holdings is not offering to purchase any of the following securities: 8.250% Senior Notes due 2007, 11.750% Senior Discount Notes due 2010, 11.750% Senior Discount Notes dues 2011, 13.500% Senior Discount Notes due 2011 and 12.125% Senior Discount Notes due 2012. (2) Aggregate principal amount (or principal amount at maturity, in the case of the senior discount notes) outstanding as at June 30, 2003. (3) See Offer to Purchase. (4) Per $1,000 principal amount of notes (or principal amount at maturity, in the case of the senior discount notes) that are accepted for purchase. Holdings' obligation to accept Holdings Notes tendered and pay the tender offer consideration is subject to a number of conditions which are set forth in the Offer to Purchase and Letter of Transmittal for the tender offers. Citigroup is the dealer manager for the Holdings tender offers. Questions concerning the terms of the Holdings tender offers should be directed to Citigroup's -3- Liability Management Desk, 390 Greenwich Street, 4th Floor, New York, New York 10013, telephone: (800) 558-3745. The Bank of New York is the depositary agent in connection with the Holdings tender offers. D.F. King & Co., Inc. is the information agent for the Holdings tender offers. The complete terms and conditions of the Holdings tender offers will be set forth in an Offer to Purchase and Letter of Transmittal that will be mailed to holders of the Holdings Notes. Holders of the Holdings Notes are urged to read the tender offer documents carefully when they become available because they will contain important information. Copies of the Offer to Purchase and Letter of Transmittal may be obtained from the information agent at (800) 549-6650. ABOUT CHARTER COMMUNICATIONS Charter Communications, A Wired World Company(TM), is the nation's third-largest broadband communications company. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform via Charter Digital Cable(R) brand and high-speed Internet access marketed under the Charter Pipeline(R) brand. Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks(R) brand. Advertising sales and production services are sold under the Charter Media(R) brand. More information about Charter can be found at www.charter.com. # # # Contacts: Media Analysts Deb Seidel Mary Jo Moehle 314-543-5703 314-543-2397 dseidel@chartercom.com mmoehle@chartercom.com Cautionary Statement Regarding Forward-Looking Statements: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified -4- by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release are set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission All forward-looking statements attributable to the Company us or a person acting on its behalf are expressly qualified in their entirety by this cautionary statement. * * * * * * * * * -5- -----END PRIVACY-ENHANCED MESSAGE-----