Charter Communications is a leading telecommunications company that offers a range of services including cable television, high-speed internet, and telephone services. The company has grown significantly in recent years and is now one of the largest providers of these services in the United States.

One of the key factors that have contributed to Charter Communications` success is its ability to secure financing through credit agreements. These agreements provide the company with the necessary funds to invest in its infrastructure and develop new products and services for its customers.

In May 2021, Charter Communications announced that it had entered into a new credit agreement that provides the company with access to up to $2.5 billion in funding. The agreement, which was arranged by JPMorgan Chase Bank, N.A., Wells Fargo Bank, National Association, and Barclays Bank PLC, has a five-year term and is set to mature on May 14, 2026.

The credit agreement includes a revolving credit facility, which allows Charter Communications to borrow money as needed and repay it when it is no longer required. This provides the company with the flexibility it needs to manage its finances effectively and respond to changing market conditions.

The credit agreement also includes a number of covenants that Charter Communications must comply with in order to maintain the terms of the agreement. These covenants include restrictions on the company`s ability to pay dividends, make certain types of investments, and dispose of assets.

Charter Communications has a strong track record when it comes to managing its finances and complying with the terms of its credit agreements. The company is committed to maintaining a strong balance sheet and investing in its business to provide its customers with the best possible service.

In conclusion, the new credit agreement secured by Charter Communications provides the company with access to additional funding that will enable it to continue investing in its business and providing high-quality services to its customers. With a strong track record of financial management, Charter Communications is well-positioned to take advantage of new opportunities and continue growing its business in the years to come.