Cogeco Inc. and Cogeco Communications Inc. amend and extend their respective C$100 million and C$750 million Term Revolving Facilities
December 17, 2021
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).