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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
F-43
limitations on indebtedness, investments and restricted payments. Certain of the covenants applicable to
CSC Holdings under the Newsday Credit Agreement are similar to the covenants applicable to CSC
Holdings under its outstanding senior notes.
Prior to the Newsday Credit Agreement, Newsday LLC's had a $650,000 senior secured loan facility
comprised of two components: a $525,000 10.50% fixed rate term loan facility and a $125,000 floating
rate term loan facility. Unamortized deferred financing costs related to this senior secured loan facility
aggregating approximately $5,083 were written-off in 2012.
Newsday LLC was in compliance with all of its financial covenants under its Newsday Credit Agreement
as of December 31, 2013.
Senior Notes and Debentures
The following table summarizes the Company's senior notes and debentures:
Carrying Amount at
Date Maturity
Interest
Issue
December 31,
Issuer Issued Date
Rate
Amount 2013 2012
CSC Holdings(a) January 13, 2009 April 15, 2014
8.50%
844,000 $ - $ 198,239
CSC Holdings(a)(b)(d) June 4, 2008 June 15, 2015
8.50%
500,000 - 91,543
CSC Holdings(c)(d) February 6, 1998 February 15, 2018
7.875%
300,000 299,293 299,122
CSC Holdings(c)(d) July 21, 1998 July 15, 2018
7.625%
500,000 499,887 499,862
CSC Holdings(a)(d) February 12, 2009 February 15, 2019
8.625%
526,000 510,223 507,917
CSC Holdings(a) November 15, 2011 November 15, 2021
6.75%
1,000,000 1,000,000 1,000,000
2,309,403 2,596,683
Cablevision(a)(d) September 23, 2009 September 15, 2017
8.625%
900,000 893,057 891,536
Cablevision(a) April 15, 2010 April 15, 2018
7.75%
750,000 750,000 750,000
Cablevision(a) April 15, 2010 April 15, 2020
8.00%
500,000 500,000 500,000
Cablevision(a) September 27, 2012 September 15, 2022
5.875%
750,000 686,055 750,000
$5,138,515 $5,488,219
___________________________
(a) The Company may redeem some or all of the notes at any time at a specified "make-whole" price plus accrued and unpaid
interest to the redemption date.
(b) The senior notes are redeemable, in whole or in part, at a redemption price equal to 102.125% of face value at any time on
or after June 15, 2013, and 100% on or after June 15, 2014.
(c) The debentures are not redeemable by the Company prior to maturity.
(d) The carrying amount of the senior notes is net of the unamortized original issue discount.
The table above also excludes the principal amount of Cablevision 7.75% senior notes due 2018 of
$345,238 and $487,500 held by Newsday at December 31, 2013 and 2012, respectively, and $266,217
principal amount of Cablevision 8.00% senior notes due 2020 held by Newsday at December 31, 2013
and 2012, which are eliminated in the consolidated balance sheets of Cablevision.
The indentures under which the senior notes and debentures were issued contain various covenants, which
are generally less restrictive than those contained in the credit agreement of the issuer. The Company was
in compliance with all of its financial covenants under these indentures as of December 31, 2013.