HSI H Source Holdings Ltd

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"). The prepayment price is $103.392 per $100 of the principal amount
of the 2009 Debentures and the accrued interest on the prepayment date is $8.151
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 credit
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 Broadband 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, cogecodata.com, peer1.com and peer1hosting.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 meaning of securities
laws. Forward-looking information may relate to Cogeco Cable's future outlook
and anticipated 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 regarding the Corporation's future operating results and
economic performance and its objectives and strategies are forward-looking
statements. These statements are based on certain factors and assumptions
including expected growth, results of operations, performance and business
prospects and opportunities, which Cogeco Cable believes are reasonable as of
the current date. While management considers these assumptions to be reasonable
based on information currently available to the Corporation, they may prove to
be incorrect. The Corporation cautions the reader that the economic downturn
experienced over the past few years makes forward- looking information and the
underlying assumptions subject to greater uncertainty 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 February 28, 2013 as well as for the period ended May 31,
2013) that could cause actual results to differ materially from what Cogeco
Cable currently expects. These factors include risks pertaining to markets and
competition, technology, regulatory 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Andree Pinard
Vice-President and Treasurer
514-764-4781

H Source (TSXV:HSI)
Historical Stock Chart
From Dec 2024 to Jan 2025

H Source (TSXV:HSI)
Historical Stock Chart
From Jan 2024 to Jan 2025