Cogeco Cable Inc.'s Proposed Notes Rated 'BBB' - S&P Global Ratings’ Credit Research

Cogeco Cable Inc.'s Proposed Notes Rated 'BBB'

Cogeco Cable Inc.'s Proposed Notes Rated 'BBB' - S&P Global Ratings’ Credit Research
Cogeco Cable Inc.'s Proposed Notes Rated 'BBB'
Published Mar 30, 1999
935 words — Published Mar 30, 1999
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Abstract:

TORONTO (Standard&Poor's CreditWire) March 29, 1999--Standard&Poor's today assigned its triple-B-minus corporate credit rating to Cogeco Cable Inc. and its triple-B rating to the company's proposed C$100 million senior secured notes. Standard&Poor's also assigned bank loan ratings of triple-B to Cogeco Cable Inc.'s existing C$700 million senior secured revolving credit facility and C$25 million operating facility, and a rating of triple-B-minus to the company's existing C$125 million second secured debentures. The outlook is stable. The senior secured notes to be issued by Cogeco Cable Inc. and the company's bank facilities are rated one notch above the corporate credit rating. This reflects the significant estimated value of the company's cable systems, as well as the flexibility

  
Brief Excerpt:

RESEARCH Cogeco Cable Inc.'s Proposed Notes Rated '###' Publication date: 30-Mar-1999 TORONTO (Standard & Poor's CreditWire) March 29, 1999--Standard & Poor's today assigned its triple-B-minus corporate credit rating to Cogeco Cable...

  
Report Type:

Ratings Action

Ticker
CCA@CN
Issuer
Sector
Global Issuers
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Region
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Cogeco Cable Inc.'s Ratings Affirmed – 1999/04/07 – US$ 150.00

Summary: Cogeco Cable Inc. – 2001/02/15 – US$ 225.00

Summary: Cogeco Cable Inc. – 2001/11/06 – US$ 225.00

Summary: Cogeco Cable Inc. – 2002/10/30 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Cogeco Cable Inc.'s Proposed Notes Rated 'BBB'" Mar 30, 1999. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Cogeco-Cable-Inc-s-Proposed-Notes-Rated-BBB-98509>
  
APA:
S&P Global Ratings’ Credit Research. (). Cogeco Cable Inc.'s Proposed Notes Rated 'BBB' Mar 30, 1999. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Cogeco-Cable-Inc-s-Proposed-Notes-Rated-BBB-98509>
  
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