Cablevision 2013 Annual Report Download - page 154

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
F-45
In September 2012, CSC Holdings commenced a cash tender offer for: (1) its outstanding $120,543
aggregate principal amount of June 2015 Notes for total consideration of $1,046.25 per $1,000 principal
amount of notes tendered for purchase, consisting of tender offer consideration of $1,016.25 per $1,000
principal amount of notes plus an early tender premium of $30 per $1,000 principal amount of notes, and
(2) its outstanding $575,633 aggregate principal amount of April 2014 Notes for total consideration of
$1,113 per $1,000 principal amount of notes tendered for purchase, consisting of tender offer
consideration of $1,083 per $1,000 principal amount of notes plus an early tender premium of $30 per
$1,000 principal amount of notes. Holders that tendered their securities by September 26, 2012 ("Early
Tender Date") received the total consideration. Holders who tendered their securities after such time and
by the October 11, 2012 expiration date ("Tender Expiration Date") received the tender offer
consideration, which is the total consideration less the early tender premium.
The aggregate principal amount of the June 2015 Notes and April 2014 Notes that were tendered and
repurchased on September 27, 2012 amounted to $29,000 and $370,696, respectively. There were no
additional securities tendered between the Early Tender Date and the Tender Expiration Date. The tender
premiums associated with the repurchase of the June 2015 Notes and April 2014 Notes of approximately
$43,231, along with other transaction costs of $577, have been recorded in loss on extinguishment of debt
for the year ended December 31, 2012. In addition, unamortized deferred financing costs and discounts
related to these notes aggregating approximately $16,997 were written-off in 2012.
In December 2011, CSC Holdings repurchased $86,339 aggregate principal amount of its outstanding 6-
3/4% senior notes due 2012 with cash on hand. In connection with this repurchase, the Company
recorded a loss on extinguishment of debt of approximately $1,457 and a write-off of the unamortized
deferred financing costs associated with these notes of approximately $45 for the year ended
December 31, 2011.
In October 2011, CSC Holdings commenced a cash tender offer (the "October 2011 Tender Offer") for
(1) its outstanding $500,000 aggregate principal amount of its June 2015 Notes for total consideration of
$1,085 per $1,000 principal amount of notes tendered for purchase, consisting of tender offer
consideration of $1,055 per $1,000 principal amount of notes plus an early tender premium of $30 per
$1,000 principal amount of notes, (2) its outstanding $191,934 aggregate principal amount of 6-3/4%
senior notes due April 2012 ("CSC Holdings April 2012 Notes") for total consideration of $1,020 per
$1,000 principal amount of notes tendered for purchase, consisting of tender offer consideration of $1,000
per $1,000 principal amount of notes plus an early tender premium of $20 per $1,000 principal amount of
notes, and (3) its outstanding $834,000 aggregate principal amount of its April 2014 Notes for total
consideration of $1,125 per $1,000 principal amount of notes tendered for purchase, consisting of tender
offer consideration of $1,095 per $1,000 principal amount of notes plus an early tender premium of $30
per $1,000 principal amount of notes.
In connection with the October 2011 Tender Offer, CSC Holdings repurchased approximately $379,500
aggregate principal amount of the June 2015 Notes, approximately $44,600 aggregate principal amount of
the CSC Holdings April 2012 Notes, and approximately $258,400 aggregate principal amount of the
April 2014 Notes. Tender premiums aggregating $65,433, along with other transaction costs of
approximately $957 have been recorded in loss on extinguishment of debt for the year ended
December 31, 2011. In addition, unamortized deferred financing costs and discounts related to the
portion of the notes repurchased aggregating approximately $21,302 were written-off in 2011.
In September 2011, CSC Holdings repurchased $52,683 aggregate principal amount of its outstanding 6-
3/4% senior notes due 2012 and $10,000 aggregate principal amount of its outstanding April 2014 Notes
with cash on hand. In connection with these repurchases, the Company recorded a loss on extinguishment