Shaw Announces Closing of C$1 Billion Senior Notes Offering
Shaw Communications Inc. (SJR)
Last shaw communications inc. earnings: 4/9 04:30 pm
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US:NYSE Investor Relations:
shaw.ca/corporate/investors
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Source: GlobeNewswire
CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Shaw Communications Inc. (“Shaw” or the “Corporation”) announced today that it has closed its offering of C$1 billion of senior notes, comprised of C$500 million principal amount of 3.80% senior notes due 2023 (the “2023 Notes”) and C$500 million principal amount of 4.40% senior notes due 2028 (the “2028 Notes”, and together with the 2023 Notes, the “Notes”). The Notes were made available in Canada under Shaw’s previously filed shelf prospectus pursuant to an agency agreement with TD Securities Inc. acting as sole bookrunner. The net proceeds of this offering will be used for general corporate purposes, which may include the repayment of outstanding indebtedness of the Corporation. Pending any such use of net proceeds, the Corporation may invest the net proceeds in bank deposits and short-term marketable securities. About Shaw Communications Inc.Shaw Communications Inc. is a leading Canadian connectivity company. The Wireline di
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