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Get filing alertsCharter integrates Cox entities as guarantors across all secured debt, creating pari passu structure
Filed August 26, 2026 · Period ending August 24, 2026 · ~1 min read
Key Changes
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Cox entities added as guarantors to Charter's secured debt on Aug 24, granting liens on substantially all assets to secure obligations under Charter's credit agreement and multiple indentures following the Aug 19 Cox transaction close.
Item 1.01 verify on EDGAR → -
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All secured notes across Charter and Cox capital structures now share identical collateral and guarantors on equal footing (pari passu), with no series having priority over another in claiming collateral.
Item 1.01 verify on EDGAR → -
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Charter executed four supplemental indentures (CCO, Cox, TWC, TWCE) on Aug 24 to formalize Cox entities as guarantors and grant security interests across the combined debt structure.
Item 1.01 verify on EDGAR → -
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Charter subsidiaries and Cox entities now provide reciprocal guarantees, with Charter entities backing Cox debt obligations while Cox entities back Charter debt, integrating the two capital structures.
Item 2.03 verify on EDGAR →
Summary
Charter completed the integration of Cox entities into its secured debt structure on August 24, five days after closing its acquisition of Cox's commercial fiber and managed IT businesses and contribution of Cox's residential cable business. The Cox entities became guarantors across Charter's entire secured debt stack and granted liens on substantially all their assets as collateral.
This creates a unified collateral structure where all secured obligations—under the CCO, TWC, TWCE, and Cox indentures, plus Charter's credit agreement—are guaranteed and secured on equal terms (pari passu). No series of secured debt has priority over another. For Charter bondholders, the addition of Cox entity guarantees and collateral strengthens credit support across the existing debt stack.
The pari passu treatment means all secured creditors share equally in the expanded collateral pool, which now includes substantially all assets of both Charter and Cox entities. The reciprocal guarantee structure—Charter subsidiaries backing Cox debt while Cox entities back Charter debt—reflects a full capital structure integration following the transaction. The four supplemental indentures formalize these arrangements across Charter's debt instruments.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
on August 24, 2026, certain Cox entities became guarantors of and granted liens on substantially all of the assets and pledges of equity interest directly owned by them as collateral to secure the obligations under the Charter Credit Agreement by executing, among other things, an assumption agreement with BofA. Such Cox entities have also become guarantors under each of the indentures described below and have granted liens on such assets as collateral to secure the obligations under such indentures.
Following the August 19, 2026 closing of Charter's acquisition of Cox's commercial fiber and managed IT businesses and contribution of Cox's residential cable business, certain Cox entities became guarantors of Charter's secured debt on August 24, 2026. These Cox entities granted liens on substantially all their assets as collateral to secure obligations under Charter's credit agreement and multiple indentures. This creates a unified collateral structure across the combined Charter-Cox capital structure.
Event · Item 2.03 — Creation of a Direct Financial Obligation
Charter Communications discloses creation of direct financial obligations through guarantees and security interests in connection with a transaction.
Added in current filing · verify on EDGAR →
certain Cox entities have guaranteed the outstanding notes issued under the CCO Indenture, the TWC Indenture and the TWCE Indenture
Cox entities have provided guarantees on outstanding notes issued under three separate indentures (CCO, TWC, and TWCE). This creates cross-guarantees that strengthen the credit support for Charter's existing debt obligations, potentially improving the security position of noteholders under these indentures.
Added in current filing · verify on EDGAR →
certain Charter subsidiaries and Cox entities have guaranteed the obligations of Cox Communications under the Cox Indenture and granted security interests in collateral for the benefit of holders
Charter subsidiaries and Cox entities have guaranteed Cox Communications' obligations under the Cox Indenture and provided collateral security interests. This creates reciprocal credit support, with Charter entities now backing Cox debt obligations while Cox entities back Charter debt, reflecting an integration of the two companies' capital structures.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 27, 2026 · How we verify