Optimum Communications Secures $250M Incremental Term Loan

Optimum Communications, Inc., through its indirect wholly-owned subsidiaries Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC, entered into a Second Amended and Restated Credit Agreement. This agreement provides for an incremental term loan commitment totaling $250 million. The new loans, which mature in November 2028 and carry a fixed interest rate of 9.000%, will be used for general corporate purposes.