Cable & Telecom

Cogeco looking to raise US$400 million in private note offering

MONTREAL – Cogeco Cable Inc. announced today it is proposing a private offering of US$400 million of senior unsecured notes due 2020. The notes will be guaranteed by the company’s wholly-owned restricted subsidiaries. Cogeco said it will use the net proceeds from the offering to partially repay a term loan the company entered into with its acquisition of Peer 1 Network Enterprises in January. The notes and guarantees will be offered only to “qualified institutional buyers” as defined under Rule 144A under the Securities Act in accordance with Rule 144A under the Securities Act, and to non-U.S. persons outside of...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.