Shaw Communications completes C$1B senior note offering

Date Closed

November 02, 2018

Lead Office

Toronto

Value

1.00 Billion CAD

On November 2, 2018, Shaw Communications Inc. announced that it has completed senior note offering of C$1 billion. This offering included a $C500 million senior note offering due in 2013 with a 3.80% yield and a $C500 million senior note offering due in 2018 with a 4.40% yield.

The net proceeds of this offering will serve general corporate purposes, which may include the repayment of outstanding indebtedness of the Shaw Communications and investing the net proceeds in bank deposits and short-term marketable securities.

TD Securities is a Canadian investment bank and provider of financial services. With expertise in corporate and investment banking, capital markets, and global transaction services, TD Securities offers advisory and capital market services to corporate, government, and institutional clients worldwide.

Shaw Communications is a telecommunications company headquartered in Calgary, Alberta. Shaw is traded on the Toronto and New York stock exchanges.

McCarthy Tétrault LLP advised TD Securities with a team led by David Woollcombe that included Heidi Gordon and Andrea Schneider (Business), and Grant Buchanan (Communications).

People