Videotron Ltd. Notice of Partial Redemption: 9 1/8% Senior Notes Due April 15, 2018 CUSIP No. 92658T AM0
June 03 2013 - 10:57PM
Marketwired
Pursuant to Sections 3.01, 3.03 and 3.07 of the Indenture (the
"Indenture"), dated as of April 15, 2008, by and among Videotron
Ltd. ( "Videotron"), a corporation under the laws of the Province
of Quebec, each subsidiary guarantor party thereto, and Wells Fargo
Bank, National Association, as trustee and paying agent (the
"Trustee"), notice is hereby given that, subject to the terms of
the Indenture, Videotron is electing to redeem US$380,000,000
aggregate principal amount of outstanding 9 1/8% Senior Notes due
April 15, 2018 (the "Notes") at a redemption price of 104.563% of
the principal amount redeemed, plus accrued and unpaid interest on
the Notes redeemed to, but not including, the Redemption Date (as
defined below), on the terms set forth below. As at the date of
this notice, US$715,000,000 aggregate principal amount of the Notes
is outstanding. Capitalized terms used but not defined in this
Notice of Redemption have the meaning specified in the
Indenture.
Redemption Terms:
Redemption Date: July 2, 2013 (the "Redemption Date").
Redemption Price: US$1,045.63 in principal amount and premium per $1,000.00
principal amount redeemed, plus approximately $4.31 in
accrued and unpaid interest to but not including the
Redemption Date (the "Redemption Price").
Paying Agent: Holders of the Notes will be paid the Redemption Price
upon presentation and surrender of their Notes for
redemption at the Paying Agent's address indicated below.
Notes called for redemption must be so surrendered in
order to collect the Redemption Price. The Paying Agent's
address for delivery of the Notes is as follows:
Registered & Certified Regular Mail or Courier: In Person by Hand Only:
Mail:
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Wells Fargo Bank, Wells Fargo Bank, Wells Fargo Bank,
National Association National Association National Association
Corporate Trust Corporate Trust Corporate Trust Services
Operations Operations
MAC N9303-121 MAC N9303-121 Northstar East Building
- 12th Floor
P.O. Box 1517 6th St & Marquette 608 Second Avenue South
Avenue
Minneapolis, MN 55480 Minneapolis, MN 55479 Minneapolis, MN 55402
To facilitate prompt payment, the Notes called for redemption
should be surrendered as soon as possible to the Paying Agent.
SECURITIES HELD IN BOOK-ENTRY FORM WILL BE REDEEMED IN ACCORDANCE
WITH THE APPLICABLE PROCEDURES OF THE DEPOSITORY TRUST
CORPORATION.
The Notes called for redemption are being redeemed pursuant to
Section 3.07 of the Indenture and will become due on the Redemption
Date. The Redemption Price will be paid promptly following the
later of the Redemption Date and the time of surrender of the Notes
called for redemption to the Paying Agent. On the Redemption Date,
the Redemption Price will become due and payable upon each Note to
be redeemed, and, unless Videotron defaults in paying the
Redemption Price, interest on the Notes or portions of them called
for redemption will cease to accrue on and after the Redemption
Date. Notes and portions of Notes selected will be in amounts of
US$1,000 or integral multiples of US$1,000, except that if all the
Notes of a Holder are to be redeemed, the entire outstanding amount
of Notes held by such Holder, even if not an integral multiple of
US$1,000, will be redeemed.
Neither Videotron nor the Trustee shall be held responsible for
the selection or use of the CUSIP numbers listed in this notice,
nor is any representation made by Videotron or the Trustee as to
the correctness or accuracy of the CUSIP numbers listed in this
notice or printed on the Notes. They are included solely for the
convenience of the Holders.
If you have any questions concerning this notice of redemption,
please contact Jean-Francois Pruneau, Vice President, at (514)
380-4144 or via mail c/o Videotron Ltd., 612 St-Jacques Street,
Montreal, Quebec, Canada, H3C 4M8.
IMPORTANT NOTICE AND TAXPAYER INFORMATION
Under current United States federal income tax law, backup
withholding, at a current rate of 28%, generally may apply to the
payment of gross redemption proceeds, unless (i) in the case of a
non-corporate holder that is a beneficial owner of Notes and that
is a United States person (as determined for U.S. federal income
tax purposes), the paying agent has received a properly completed
IRS Form W-9 setting forth the holder's taxpayer identification
number, or (ii) the holder otherwise establishes an exemption. A
holder that is a beneficial owner of Notes and that is not a United
States person (as determined for U.S. federal income tax purposes)
generally may establish an exemption from backup withholding by
providing to the paying agent an IRS Form W-8BEN, upon which it
certifies its foreign status.
Direct inquiries to the Trustee by telephone at 1-800-344-5128
or by Fax at 612-667-6282.
Videotron Ltd./Videotron Ltee
By: Wells Fargo Bank, National Association, As Trustee
This notice of redemption is dated and given this 3rd day of
June, 2013.
Contacts: Jean-Francois Pruneau Vice President (514) 380-4144
Direct inquiries to the Trustee by telephone 1-800-344-5128
612-667-6282 (FAX)
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