UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 15, 2019
Mediacom Broadband LLC
Mediacom Broadband Corporation
(Exact name of registrants as specified in their charter)
Delaware Delaware |
333-72440 333-82124-02 |
06-1615412 06-1630167 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Nos.) | (I.R.S. Employer Identification Nos.) |
1 Mediacom Way
Mediacom Park, New York 10918
(Address of principal executive offices and zip code)
Registrants telephone number, including area code: (845) 443-2600
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On March 15, 2019, Mediacom Broadband LLC and Mediacom Broadband Corporation issued a press release announcing that they have called for redemption $150,000,000 of the outstanding principal amount of their 51⁄2% Senior Notes due 2021. A copy of the press release is being filed as Exhibit 99.1 to this report and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits |
Exhibit No. |
Name | |
99.1 | Press Release dated March 15, 2019. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 15, 2019
Mediacom Broadband LLC
| ||
By: | /s/ Mark E. Stephan | |
Mark E. Stephan | ||
Executive Vice President and Chief Financial Officer |
Date: March 15, 2019
Mediacom Broadband Corporation
| ||
By: | /s/ Mark E. Stephan | |
Mark E. Stephan | ||
Executive Vice President and Chief Financial Officer |
Exhibit 99.1
For Immediate Release |
Mediacom Broadband LLC and Mediacom Broadband Corporation Announce Redemption of $150 million of 51⁄2% Notes Due 2021
Mediacom Park, NY March 15, 2019 Mediacom Broadband LLC and Mediacom Broadband Corporation, wholly-owned subsidiaries of Mediacom Communications Corporation, today announced that they have called for redemption $150 million of the outstanding principal amount of their 51⁄2% Senior Notes due 2021 (the Notes). The redemption date for the $150 million of Notes is April 15, 2019 (the Redemption Date). In accordance with the redemption provisions of the Notes and the related indenture, the $150 million of Notes will be redeemed at a price equal to $1,000.00 for each $1,000 principal amount outstanding. The aggregate principal amount of Notes outstanding is $200 million, and the redemption price for the $150 million of Notes to be redeemed is approximately $150 million. The April 15, 2019 interest payment will be made in the usual manner and interest on the $150 million of Notes to be redeemed on the Redemption Date will cease to accrue on and after the Redemption Date.
$150 million of Notes are to be surrendered to Delaware Trust Company, as paying agent. The Notes that will be redeemed on the Redemption Date will be selected pursuant to the customary processes of the Depository Trust Company. For information, call 1-877-374-6010.
This announcement does not constitute an offer to purchase or redeem the Notes.
About Mediacom Communications
Mediacom Communications Corporation is the 5th largest cable operator in the U.S. serving almost 1.4 million customers in smaller markets primarily in the Midwest and Southeast. Mediacom offers a wide array of information, communications and entertainment services to households and businesses, including video, high-speed data, phone, and home security and automation. Through Mediacom Business, the company provides innovative broadband solutions to commercial and public sector customers of all sizes, and sells advertising and production services under the OnMedia brand. More information about Mediacom is available at www.mediacomcable.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements in this press release and the other risks and uncertainties are discussed in our Annual Report on Form 10-K for the year ended December 31, 2018.
Contact: | ||||
Investor Relations | Media Relations | |||
Jack P. Griffin | Thomas Larsen | |||
Group Vice President, Corporate Finance |
Senior Vice President, Government and Public Relations |
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(845) 443-2654 | (845) 443-2754 |
Mediacom Communications Corporation
1Mediacom Way ● Mediacom Park, NY 10918 ● 845-443-2600 ● Fax 845-443-2639