Cogeco Inc. and Cogeco Communications Inc. amend and extend their respective C$100 million and C$750 million Term Revolving Facilities
Date Closed
December 17, 2021
Lead Office
Montréal
Value
750.00 Million CAD
On December 17, 2021, Cogeco Inc. and Cogeco Communications Inc. amended and extended their Term Revolving Facilities. Cogeco Inc.'s C$100 million Term Revolving Facility has been extended to February 3, 2027, and Cogeco Communication Inc.'s C$750 million Term Revolving Facility to January 24, 2027. Both revolving facilities have been converted to a Sustainability-linked loan structure to underline the company's dedication to their Environmental, Social and Governance (ESG) goals.
Cogeco Inc. is a Canadian telecommunications and media company headquartered in Montreal, Quebec. It's subsidiary, Cogeco Communications, is a cable operator in Quebec and Ontario, Canada that provides customers with Internet, video, and telephone services.
McCarthy Tétrault LLP advised Cogeco Inc. and Cogeco Communications Inc. with a team led by Marjolaine Hémond Hotte (Financial Services) that included Étienne Guertin and Alex Reid (Financial Services).
