Cable & Telecom

Cogeco to raise $173 million

MONTREAL - Cogeco Cable Inc. announced today it will be issuing 4.5 million subordinate voting shares, raising $173.2 million on a bought deal basis at a price of $38.50 per share. The company, with cable, Internet, and telephone services in Quebec, Ontario, and Portugal, says net proceeds from the offering will be used to repay debt and for general corporate purposes. Under the offering, the shares will be offered for sale to the public in each of the provinces and territories of Canada. The underwriting syndicate includes Scotia Capital Inc. acting as bookrunner and is being co-led by GMP Securities...
 

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.