Cogeco Cable sets prepayment price on $300 million 5.95% debentures

By Tali David

Minneapolis, July 24 - Cogeco Cable Inc. determined the prepayment price for its outstanding $300 million principal amount of 5.95% series 1 senior secured debentures due June 9, 2014, according to a press release.

The prepayment price is $103.392 per $100 principal amount of the debentures, and the accrued interest is $8.151 per $100 principal amount.

Cogeco is a Montreal-based cable operator.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.