CSC Holdings, LLC (the “Company”), a subsidiary of Cablevision Systems Corporation (NYSE: CVC), announced today that as of 5:00 p.m., New York City time on September 26, 2012 (the “Early Tender Date”), the principal amounts listed in the table below of its 8.50% Senior Notes due June 15, 2015 (the “2015 Notes”) and its 8.50% Senior Notes due April 15, 2014 (the “2014 Notes” and, together with the 2015 Notes, the “Senior Notes”) had been tendered in connection with its previously announced cash tender offers for up to a maximum aggregate purchase price of $600 million (the “Maximum Notes Purchase Price”) of outstanding Senior Notes.
|CUSIP Number||Title of Security||Acceptance Priority Level||Aggregate Principal Amount Outstanding Prior to Early Tender Date||Principal Amount Tendered|
|126307 AB3||8.50% Senior Notes dueJune 15, 2015||1||$120,543,000||$29,000,000|
|126307 AA5||8.50% Senior Notes dueApril 15, 2014||2||$575,633,000||$370,696,000|
The terms and conditions of the tender offers are described in the Offer to Purchase and related Letter of Transmittal, dated September 13, 2012, distributed to holders of the Senior Notes. Payments of the consideration for Senior Notes validly tendered on or before the Early Tender Date and accepted for purchase are expected to be made on or about September 27, 2012.
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