Mediacom Broadband LLC and Mediacom Broadband Corporation, wholly-owned subsidiaries of Mediacom Communications, announced they intend to offer $200 million in aggregate principal amount of new senior notes due 2021 in a private offering. Mediacom Broadband LLC and Mediacom Broadband Corporation intend to use the proceeds of the offering to repay a portion of principal amount outstanding under Term Loan D, which has a final maturity of 1/31/15. There is currently $744 million principal amount outstanding under Term Loan D.
