Cogeco sets redemption price for 5.15% debentures due 2020

By Taylor Fox

Chicago, July 15 – Cogeco Communications Inc. has determined a redemption price of $1,014.127 per $1,000 principal amount for its 5.15% senior secured notes, series 2, due Nov. 16, 2020, according to a news release.

The redemption will also include an interest payment determined to be $9.146 per $1,000 principal amount.

As previously reported, Cogeco will redeem its outstanding debentures on July 20.

Cogeco is a Montreal-based cable operator.

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