Form 8-K

 

 

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)

 

Registrant’s 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 512% 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

EX-99.1

Exhibit 99.1

 

LOGO   For Immediate Release

Mediacom Broadband LLC and Mediacom Broadband Corporation Announce Redemption of $150 million of 512% Notes Due 2021

 

 

Mediacom Park, NYMarch 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 512% 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

 
        (845) 443-2654           (845) 443-2754  

Mediacom Communications Corporation

1Mediacom Way ● Mediacom Park, NY 10918 ● 845-443-2600 ● Fax 845-443-2639