COGECO CABLE INC. ANNOUNCES CLOSING OF $192,500,000 BOUGHT DEAL OFFERING
For immediate release
COGECO CABLE INC. ANNOUNCES CLOSING OF $192,500,000
BOUGHT DEAL OFFERING
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Montréal (Québec), February 2, 2007 - Cogeco Cable (TSX: CCA) announced today the
closing of its previously announced public offering of 5,000,000 subordinate voting shares for
gross proceeds of $192,500,000.
The subordinate voting shares are being distributed to the public pursuant to a short form
prospectus filed with securities regulatory authorities in each province and territory of Canada
through an underwriting syndicate co-led by Scotia Capital Inc., GMP Securities L.P.,
BMO Nesbitt Burns Inc., CIBC World Markets Inc. and including Desjardins Securities Inc. and
National Bank Financial Inc.
The offering will result in net proceeds to Cogeco Cable of approximately $184,800,000, which
will be used to reduce long-term indebtedness and for working capital purposes.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca), a telecommunications company offering a diverse range of
services to its customers in Canada and in Portugal, is the second largest cable operator in
Ontario, Québec and Portugal, in terms of the number of basic cable service customers served.
The Corporation invests in state-of-the-art broadband network facilities, delivers a wide range of
services over these facilities with great speed and reliability at attractive prices, and strives to
provide both superior customer care and growing profitability to satisfy its customers’ varied
electronic communication needs. Through its two-way broadband cable networks, Cogeco
Cable provides its residential and commercial customers with analog and digital video and audio
services, high speed Internet access as well as telephony services. The Corporation provides
about 1,649,000 revenue-generating units (RGUs) to approximately 1,439,000 homes passed in
its Canadian service territory and about 650,000 RGUs to approximately 829,000 homes
passed in its Portuguese service territory. Cogeco Cable’s subordinate voting shares are listed
on the Toronto Stock Exchange (CCA).
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Information: Pierre Gagné
Vice President, Finance and Chief Financial Officer
Tel.: (514) 874-2600
Director, Corporate Communications
Tel.: (514) 874-2600