Cogeco Cable Completes The Issuance of US$175 Million Senior Secured Notes
PRESS RELEASE
For immediate release
Coge co Cab le Compl ete s The Issuance of US$175 Million Senior Secured Notes
Montréal, August 28, 2014 –Cogeco Cable Inc. (TSX: CCA) (“Cogeco Cable”) today announced that it
has complet ed, pur suant to a private placement, the iss uance of US$25 million principal amount of 4.14%
Series A Senior Secured Notes maturing September 1, 2024, and US$150 million principal amount of
4.29% S eries B Senior Secu red Notes m aturing September 1, 2026. Interest on these Notes is payable
semi-annually in arrears on March 1 and Septemb er 1 (if not a business day, su ch payment to b e mad e
on t he next bus i ness d ay) of eac h year commencing March 2, 2015.
The net proceeds from the offering will be used to repay a portion of the amount outstanding under
Cogeco Cable’s term revolving credit facility. Cogeco Cable is committing not to draw down on the
resulting increase in availability under the revolving credit facility other than to repay a portion of the
US$190 mill i on Senior Sec ured Notes Ser i es A maturing on October 1, 2015.
ABOUT COGECO CABL E INC.
Cogeco Cable Inc. (www.cogeco.ca) is a telecommunications corporation. It is the 11th largest cable
operator in North America operating in Canada under the Cogeco Cable Canada name in Quebec and
Ontario, and in the United States under the Atlantic Broadband name in Western Pennsylvania, South
Florida, Maryland/Delaware and South Carolina. Its two-way broadband fibre networks provide to its
residential and business customers analogue and digital television, high speed Internet and telephony
ser vices . Th r ough it s s ubsidiaries Cogeco Data Services and Peer 1 Hosti ng, Cogeco Cable Inc. provides
to its commercial customers a suite of information technology services (colocation, managed and
dedicated hosting, managed IT, cloud and connectivity services), with 20 data centres, extensive fibre
networks in Montreal and Toronto as well as points-of-presence in North America and Europe. Cogeco
Cabl e Inc. ’s subordin ate vot ing s har es are l i sted on the Toron to Stoc k Exchange (TSX: CCA).
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Information
:
Finance
Andrée Pinard
Vice President & Treasurer
Tel. 514-764-4781
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