Item 8.01 Other Events.
On August 25, 2009, the operating subsidiaries of Mediacom LLC entered into an
incremental facility agreement that provides for a new term loan ("new term
loan") under their existing credit facility in the principal amount of
$300.0 million. On September 24, 2009, the full amount of the $300.0 million new
term loan was borrowed by the operating subsidiaries of Mediacom LLC. These
proceeds were used to fund the redemption of the outstanding 91/2% and 77/8%
Senior Notes that are described in the next paragraph. The remaining proceeds
will be used to pay a portion of the revolving credit facility of Mediacom LLC's
operating subsidiaries and for general corporate purposes.
On August 25, 2009, Mediacom LLC and Mediacom Capital Corporation announced the
call for redemption of the entire principal amount of their 91/2% Senior Notes
due 2013 and 77/8% Senior Notes due 2011 that remained outstanding following the
expiration of tender offers for such notes. In accordance with the redemption
provisions of the Notes and related indentures, the Notes were redeemed at a
price equal to 100% of their principal amount, plus accrued and unpaid interest
to, but not including the redemption date. On September 24, 2009, Mediacom LLC
and Mediacom Capital Corporation redeemed the remaining $109.8 million and
$53.9 million of 91/2% Notes and 77/8% Notes, respectively, plus accrued
interest.