Videotron Ltd. Announces Notice of Redemption for All of its 9⅛% Senior Notes due April 15, 2018 and Amendments to its Bank Credit Agreement

Videotron Ltd. (“Videotron”) today announced that it has issued a notice of redemption for all of its outstanding 9⅛% Senior Notes due April 15, 2018 (CUSIP 92658T AM0) (the “Notes”).  A notice of redemption (the “Redemption Notice”) pursuant to the terms of the indenture governing the Notes (the “Indenture”) is being distributed by Wells Fargo Bank, National Association, the trustee under the Indenture. The Redemption Notice issued today states that the redemption date is July 16, 2015 (the “Redemption Date”), and the redemption price is 101.521% of the principal amount of the Notes redeemed, plus accrued and unpaid interest to the Redemption Date.


Videotron also today announced that it has modified the terms and conditions of its bank credit agreement to increase the size of its secured revolving credit facility from $575.0 million to $615.0 million and to extend its maturity by two years to July 20, 2020, and to create a new unsecured revolving credit facility of $350.0 million maturing on July 20, 2020.


Questions regarding this redemption should be directed to Wells Fargo Bank, National Association, by telephone at 1-800-344-5128 or by facsimile at (612) 667-6282.


This announcement does not constitutean offer to sell or buy or the solicitation of an offer to sell or buy any securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful.  The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws. 

Quick links