Cable / Telecom News

Cogeco raises $35 M

MONTREAL – Cogeco Inc. has completed a private placement issue senior unsecured notes for a total of $35 million. The company said Monday that net proceeds will be used to reduceCogeco’s bank debt. Interest on these Notes, which mature November 7, 2021, is payable semi-annually in arrears on November 7 and May 7 of each year starting May 7, 2012.