MONTREAL, QUEBEC — (Marketwire) — 11/07/11 — COGECO Inc. (TSX: CGO) announced today that it has completed, pursuant to a private placement, the issue of 6,50 % Senior Unsecured Notes for a total of CDN $35 million maturing November 7, 2021. Interest on these Notes is payable semi-annually in arrears on November 7 and May 7 of each year commencing May 7, 2012. Net proceeds of CDN $35 million will be applied to reduce COGECO Inc.-s bank debt.
ABOUT COGECO
COGECO () is a diversified communications company. Through its Cogeco Cable subsidiary, COGECO provides its residential customers with Audio, Analogue and Digital Television, as well as HSI and Telephony services using its two-way broadband cable networks. Cogeco Cable also provides, to its commercial customers, through its subsidiary Cogeco Data Services, data networking, e-business applications, video conferencing, hosting services, Ethernet, private line, VoIP, HSI access, data storage, data security, co-location services, managed IT services, cloud services and other advanced communication solutions. Through its Cogeco Diffusion Inc. subsidiary (“CDI”), COGECO wholly-owns and operates 13 radio stations across most of Quebec with complementary radio formats serving a wide range of audiences, as well as Cogeco News, its news agency broadcast in close to 30 independent and community radio stations across Quebec. COGECO-s subordinate voting shares are listed on the Toronto Stock Exchange (TSX: CGO). The subordinate voting shares of Cogeco Cable are also listed on the Toronto Stock Exchange (TSX: CCA).
Contacts:
Source:
Pierre Gagne
Senior Vice President and Chief Financial Officer
514 764-4700
Information:
Nicole Tardif
Director, Corporate Communications
514 764-4685
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