Cypress Creek Consulting Advises Charter Communications on Inaugural Securitization Financing Facility
Cypress Creek Consulting Advises Charter Communications on Inaugural Securitization Financing Facility
"Charter hired Cypress Creek Consulting to help structure and launch our inaugural securitization financing facility," said Scott Schwartz, GVP, Corporate Finance & Treasurer at Charter Communications. "They provided hands-on support throughout the lifecycle of the transaction, including internal preparedness, data mapping, lender negotiations, structuring, and operational buildout. They helped us navigate the intricacies of our portfolio and delivered sound strategy and efficient execution. The Cypress Creek team are true subject matter experts."LEESBURG, VA / ACCESSWIRE / September 19, 2024 / Cypress Creek Consulting, LLC ("Cypress Creek"), a consulting and advisory firm specializing in debt capital markets transactions, announced that it was engaged by Charter Communications, Inc. ("Charter") to help launch a senior secured revolving credit facility to finance the purchase of mobile equipment installment plan receivables with a number of financial institutions.
2024年9月19日，位於弗吉尼亞州利斯堡 / ACCESSWIRE /的Cypress Creek Consulting, LLC（「Cypress Creek」）宣佈，其已受聘於特許通訊公司（「Charter」）爲金融機構提供諮詢服務和指導，以推出一項資產低級債務市場的交易策略，用於爲購買移動設備分期付款應收帳款提供融資。
In its second quarter earnings release, Charter announced that in June 2024, a bankruptcy remote special purpose vehicle and consolidated subsidiary of the Company, CCO EIP Financing, LLC, (the "SPV Borrower") entered into a senior secured revolving credit facility to finance the purchase of equipment installment plan receivables ("EIP Receivables") with a number of financial institutions (the "EIP Financing Facility"). Borrowings under the EIP Financing Facility are secured by the EIP Receivables transferred to the SPV Borrower, future collections on such EIP Receivables, and related assets consisting primarily of restricted cash.
在其二季度收益發布報告中，特許通訊宣佈，2024年6月，該公司的特設獨立債務實體和附屬公司CCO EIP Financing, LLC（「特設借款人」）與金融機構議定了一項資產低級債務市場的交易策略，用於爲購買設備分期付款應收賬款提供融資。該計劃的借款以特設借款人劃撥的設備分期付款應收賬款、這些應收賬款未來的回收以及相關資產（主要是受限現金）作爲擔保。
"Cypress Creek congratulates the entire Charter team on the successful closing of this transaction and its added liquidity," said Nicholas Schrider, CEO at Cypress Creek.
Cypress Creek首席執行官Nicholas Schrider表示：「Cypress Creek向特許通訊整個團隊對這項交易的成功封盤以及增加的流動性表示祝賀。」
"Charter hired Cypress Creek Consulting to help structure and launch our inaugural securitization financing facility," said Scott Schwartz, GVP, Corporate Finance & Treasurer at Charter Communications. "They provided hands-on support throughout the lifecycle of the transaction, including internal preparedness, data mapping, lender negotiations, structuring, and operational buildout. They helped us navigate the intricacies of our portfolio and delivered sound strategy and efficient execution. The Cypress Creek team are true subject matter experts."
特許通訊財務與出納副總裁Scott Schwartz表示：「特許通訊聘請Cypress Creek諮詢，幫助結構化和推出我們的首個證券化融資計劃。他們在交易的整個生命週期中提供了全面支持，包括內部準備、數據映射、與金融機構的談判、結構化和運營建設。他們幫助我們應對我們的投資組合的複雜性，並提供了可靠的策略和高效的執行。Cypress Creek團隊是真正的專家。」
About Cypress Creek Consulting
關於Cypress Creek Consulting
Cypress Creek Consulting, LLC ("Cypress Creek") is a consulting and advisory firm specializing in full lifecycle support of finance and capital markets transactions across a wide array of industries and asset classes. The firm was founded in 2019 by senior structured finance executives with experience leading finance and operational teams through the execution of over $200 billion of capital markets transactions.
Cypress Creek Consulting, LLC（「Cypress Creek」）是一家諮詢和指導公司，專門爲各行各業和資產類別的金融和資本市場交易提供全生命週期的支持。該公司成立於2019年，由資深結構化金融高管創立，他們在執行超過2000億美元的資本市場交易過程中領導了金融和運營團隊。
Contact Information
聯繫信息
Mark Daly
Partner & Head of Investor Relations
mark.daly@cypresscreekconsult.com
(703) 969-3355
Mark Daly
合夥人&投資者關係負責人
mark.daly@cypresscreekconsult.com
(703) 969-3355
Nicholas Schrider
CEO
nicholas.schrider@cypresscreekconsult.com
(240) 888-9898
Nicholas Schrider
首席執行官
nicholas.schrider@cypresscreekconsult.com
(240) 888-9898
SOURCE: Cypress Creek Consulting
資料來源：Cypress Creek Consulting
譯文內容由第三人軟體翻譯。
