Cogeco Communications completes private placement of senior unsecured notes for C$275M
Date Closed
February 27, 2024
Lead Office
Montréal
Value
275.00 Million CAD
On February 27, 2024, Cogeco Communications Inc. ("Cogeco") completed its offering of C$275 million aggregate principal amount of 6.125% senior unsecured notes due February 27, 2029. Cogeco intends to use the proceeds from the offering for general corporate purposes and to repay existing indebtedness.
The notes were offered through a syndicate of agents consisting of BMO Nesbitt Burns Inc. and CIBC World Markets Inc., as lead agents and joint bookrunners, National Bank Financial Inc., as co-lead manager, and Desjardins Securities Inc., Merrill Lynch Canada Inc., RBC Dominion Securities Inc., MUFG Securities (Canada), Ltd., TD Securities Inc., Scotia Capital Inc., and Casgrain & Company Limited, as co-managers.
McCarthy Tétrault advised the syndicate of agents with a team led by Patrick Boucher that included Andrew Parker, Laurence Cromp-Lapierre, Étienne Guertin, Jessica Vona, Mariya Voloshyn, and Thierry Côté (Business).
