Atlantic Broadband, a Subsidiary of Cogeco Cable, Amends its Existing Credit Agreement
PRES S REL EASE
For immediate release
Atlantic Broadband, a Subsidiary of Cogeco C able, Amends its Existing Credit Agreement
Atlantic Broadband lowers pricing for the Term A Facility, t he Term B Facility and the Revolving Credit
Facility and increases the s ize of Revolving Credit Facility by converting $50 million of the Term A Loans into
Revolvin g Credit Com m itments.
Montréal, Canada, May 28, 2013 – Atlantic Broadband, a subsidiary of Cogeco Cable Inc. (TSX: CCA),
announced today that it has amended its Credit Agreement dated as of November 30, 2012 pursuant to
which the Lenders have extended a revolving credit facility to Acquisitions Cogeco Cable II L.P. and Atlantic
Broadban d ( Penn) Holdings, I nc. , and term loan facilities to Acquisitio ns Cogeco Cable II L.P.
Pursuant to the Amendment, certain Term A Lenders will convert $50 million of their outstanding Term A
Loans into Revolving Credit Commitments, the applicable margin for LIBOR borrowings for the Term A
Facility and the Revolving Credit Facility will be decreased to 2.375% with step downs (from a previous
applicable margin of 3.0% with step downs ) and the applicable margin for the Term B Facility will be
decreased to 2.50% (from 3.50%) and the related LIBOR floor will be reduced from 1.00% to 0.75%. Total
indebted ness of Atlantic B r oadband remains essentially unchanged.
ABOUT ATLANTIC BROADBAND
Atlantic Broadband is the 12th largest cable operator in the United States. The company is headquartered in
Quincy, Massachusetts, with over 650 employees and 248,000 video customers located in four operating
regions: W estern Pennsylvania, Miami Beach, Maryland/Delaware, and Aiken, SC. Additional information is
available at
www.atlanticbb.com.
ABOUT COG ECO CABLE
Cogeco Cable (www.cogeco.ca) is a telecommunications corporation and is the 11th largest hybrid fibre
coaxial cable operator in North America, operating in Canada under the Cogeco Cable brand name, in
Quebec and Ontario, and in the United States through its subsidiary, Atlantic Broadband. Its two-way
broadband cable networks provide to its residential and small business customers Analog and Digital
Television, High Speed Internet (HSI) and Telephony services. Through its subsidiaries, Cogeco Data
Services and PEER 1 Hosting, Cogeco Cable provides its commercial customers a suite of IT hosting,
information and communications technology services (Data Centre, Co-location, Managed Hosting, Cloud
Infrastructure and Connectivity) with 23 data centres, extensive fibre networks in Montreal and Toronto as
well as points-of-presence in North America and Europe. Cogeco Cable's subordinate voting shares are
listed on the T or ont o Stock Exch ange (TSX: CCA).
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Information:
Atlantic Broadband
Patrick Bratton
Chief Fina n c ial Off ic e r
Tel.: 617-786-8800 ext. 104
Cogeco Cable Inc.
Andrée P inard
Vice President and Treasurer
Tel.: 514-764-4781