Cable & Telecom

MTS Allstream debt offering to raise $225M

WINNIPEG – MTS Allstream has agreed to issue $225 million in medium term notes (MTNs) with a ten-year term maturing on May 27, 2024, and a coupon of 4.00 per cent.The company said that the net proceeds from the issuance of the MTNs will be used to repay existing indebtedness and for general corporate purposes.  The offering of MTNs, which is being made through a syndicate of investment dealers co-led by BMO Capital Markets and RBC Capital Markets, is expected to close on May 26, 2014."Our ongoing ability to access capital markets speaks to the strong foundation of our business...
 

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.