Issuer: | Time Warner Cable Inc. (the Issuer) |
|
Guarantor: | Time
Warner Entertainment Company, L.P. and TW NY Cable Holding Inc. |
|
Security: | 6.20% Notes Due 2013 |
|
Size: | $1,500,000,000 |
|
Maturity: | July 1, 2013 |
|
Coupon (Interest Rate): | 6.20% |
|
Yield to Maturity: | 6.249% |
|
Spread to Benchmark Treasury: | T + 250 basis points |
|
Benchmark Treasury: | 3.500% due May 31, 2013 |
|
Benchmark Treasury Price and Yield: | Price:
98-281/4 Yield: 3.749% |
|
Interest Payment Dates: | January 1 and July 1 of each year,
beginning on January 1, 2009 |
|
Redemption Provisions: | Redeemable at any time and from time to
time at the option of the Issuer, in whole
or in part, at the greater of (i) 100% of
the principal amount and (ii) the sum of
the present values of the Remaining
Scheduled Payments discounted to the
redemption date, on a semi-annual basis,
assuming a 360-day year consisting of
twelve 30-day months, at the Treasury Rate
plus 40 basis points. |
|
Price to Public: | 99.788% |
|
Settlement Date: | June 19, 2008 |
|
CUSIP Number: | 88732JAK4 |