CUSIP Nos. 92660F AA2 / 92660F AB0
MONTREAL, June 16, 2015 /CNW Telbec/ - Pursuant to Sections 3.01, 3.03 and 3.07 of the Indenture (the
"Indenture"), dated as of January 13, 2010, by and among Videotron Ltd.
("Videotron"), a corporation under the laws of the Province of Québec,
each subsidiary guarantor party thereto, and Computershare Trust
Company of Canada, as trustee and paying agent (the "Trustee"), notice
is hereby given that, subject to the terms of the Indenture, Videotron
is electing to redeem all outstanding 7⅛% Senior Notes due January 15,
2020 (the "Notes") at a redemption price of 103.563% 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, $300,000,000
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.
July 16, 2015 (the "Redemption Date").
$1,035.63 in principal amount and premium per $1,000.00 principal amount
redeemed, plus approximately $6.05 in accrued and unpaid interest to
but not including the Redemption Date (the "Redemption Price").
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:
Computershare Trust Company of Canada
1500, Robert-Bourassa Boulevard, 7th floor
Montreal, Québec H3A 3S8
Attention: Fabienne Pinatel, Corporate Trust Services
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 CDS CLEARING AND DEPOSITORY SERVICES INC.
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 $1,000 or integral multiples of $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 $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
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, Montréal, Québec,
Canada, H3C 4M8.
* * * * *
Direct inquiries to the Trustee by telephone at 1-800-564-6253 or by Fax at (514) 982-7677.
Videotron Ltd./Vidéotron Ltée
By: Computershare Trust Company of Canada, As Trustee
This notice of redemption is dated and given this 16th day of June, 2015.
For further information:
Jean-Francois Pruneau, Senior Vice President and Chief Financial Officer, Quebecor Media Inc., Telephone: 514 380-4144