Cablevision Announces Closing of Offering of $750 Million of Senior Notes

Cablevision Systems Corporation

today announced that it has closed a public offering of $750 million of senior notes due 2022. Cablevision intends to invest the net proceeds of this offering in its subsidiary, CSC Holdings LLC, with which CSC Holdings LLC will address its upcoming debt maturities through the tender offers it commenced on September 13, 2012 for $600 million of its 8.50% Senior Notes due 2015 and 8.50% Senior Notes due 2014, by repaying amounts outstanding of its Term Loan B-2 and for general corporate purposes.