Cogeco Cable Inc. Announces Determination of Prepayment Price for the 5.95% Series 1 Senior Secured Debentures Due 2014
PRESS RELEASE
For immediate release
CORRECTION FROM SOURCE / Cogeco Cable Inc. Announces Determination of
Prepayment Price for the 5. 95% Series 1 Seni or Secur ed Debentures Due 2014
This document corrects and replaces t he press r elease that w as sent on July 24
th
, 2013
Montreal, July 31, 2013 - Cogeco Cable Inc. (TSX: CCA) (“Cogeco Cable”) announced today that it has determined the
prepayment price for its outstanding $300 million principal amount of 5.95% Series 1 Senior Secured Debentures due June 9,
2014 (the “2009 Debentures”) . T he prepa yment price is $1 0 3.392 per $100 of t he princip al amount of the 200 9 Debentures and
the accrued interest on the pr epayment date is $0.8151 per $100 of the principal amount.
The prepayment of the 2009 Debentures will be completed on July 29, 2013 and the aggregate prepayment price will be paid
out of the net proceeds of Cogeco Cable’s recently completed private placement of 4.30% US $215 million Senior Secured
Notes due June 16, 2025 along with drawings under its bank c r edi t facilities.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca) is a telecommunications corporation and is the11th largest hybrid fiber 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 Broadba nd in Western Pennsylvania, South Florida, Maryland, Delaware and South Carolina. Its
two-way broadband cable networks provide to its residential and small business customers Analogue 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 fiber
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 Toronto Stock Exchange (TSX: CCA). For more information about Cogeco Cable and its subsidiaries visit
www.cogeco.ca, cogec odata.com, peer1.com and pe er1hosting.co.uk.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained or incorporated by reference in this press release may constitute forward-looking information
within the mea ning of securities l aws. Forward-looki ng information ma y relate to Cogeco Cable’s f uture outlook and a nticipated
events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by
terminology such as "may"; "will"; "should"; "expect"; "plan"; "anticipate"; "believe"; "intend"; "estimate"; "predict"; "potential";
"continue"; "foresee", "ensure" or other similar expressions concerning matters that are not historical facts. In particular,
statements re g ardi ng the Corporat i on’s f utur e o per at ing res ult s a nd eco nom ic p erf orm anc e and it s obj e cti ves a nd st rat egies are
forward-lookin g stat ements . T hese stat ement s are bas ed on cer tain f act ors and ass um pt ions inc lud ing exp ected growth, r esult s
of operations, performance and business prospects and opportunities, which Cogeco Cable believes are reasonable as of the
current date. While manage ment consider s these ass umptions to b e reasonable based on inf ormatio n currentl y availabl e to the
Corporation, they ma y prove t o be incorr ect. T he Corporat io n cautio ns the r eader t hat the economic downt urn exper ien ced over
the past fe w years makes for ward- looking inf ormation and the underlyin g assumptions subject to gr eater uncertaint y and that,
consequently, they may not materialize, or the results may significantly differ from the Corporation’s expectations. It is
impossible for Cogeco Cable to predict with certainty the impact that the current economic uncertainties may have on future
results. Forward-looking information is also subject to certain factors, including risks and uncertainties (described in the
“Uncertainties and main risk factors” section of the Corporation’s 2012 annual MD&A and its quarterly MD&As for the period
ended Februar y 28, 2013 as we ll as for the period ended May 31, 2013) that could caus e actual resu lts to diff er materiall y from
what Cogeco Cabl e current ly expect s. These f actors incl ude risk s pertaini ng to market s and compet ition, technolog y, regu latory
developments, operating costs, information systems, disasters or other contingencies, financial risks related to capital
requirements, human resources, controlling shareholder and holding structure, many of which are beyond the Corporation’s
control. Therefore, future events and results may vary significantly from what management currently foresees. The reader
should not place undue importance on forward-looking information and should not rely upon this information as of any other
date. While management may elect to, the Corporation is under no obligation and does not undertake to update or alter this
information at any particular time, except as may be required by law.
Information: Andrée Pinard
Vice-President and T reasurer
Tel.: 514-764-4781