Cable / Telecom News

Shaw announces $1B senior note offering

CALGARY - Shaw Communications is offering $500 million principal amount of 3.80% senior notes due 2023 and $500 million of 4.40% senior notes due 2028.The net proceeds of this offering will be used for general corporate purposes, which may include the repayment of outstanding indebtedness.Pending any such use of net proceeds, Shaw may invest the net proceeds in bank deposits and short-term marketable securities. Closing is scheduled to occur on November 2,