
Cogeco Communications Inc, founded in 1965 and headquartered in Montreal, Canada, is a prominent telecommunications and media company dedicated to delivering innovative connectivity solutions and entertainment services. The company primarily operates in the Canadian and U.S. markets, offering high-speed internet, telecommunications, and cable television services to residential and business customers.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CCACN 2.99% 2031-09-22 CADCogeco Communications Inc | Canada | 2031-09-22 | 2.991 | 4.05 |
CCACN 5.30% 2033-02-16 CADCogeco Communications Inc | Canada | 2033-02-16 | 5.299 | 4.40 |
CCACN 6.13% 2029-02-27 CADCogeco Communications Inc | Canada | 2029-02-27 | 6.125 | 4.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cogeco began issuing bonds in 2007 as part of its strategy to support growth and enhance liquidity. Notably, in June 2021, the company issued €500 million in bonds, maturing in 2028, to refinance existing debt and finance acquisitions, reflecting strong investor confidence with yields competitive to the industry average. The company's bonds are known for their callable features, allowing for early redemption, and have shown resilience, even amidst fluctuating market conditions, with recent ratings reflecting a stable outlook for continuous cash flow generation amid expanding service offerings.