|By Marketwired .||
|March 26, 2014 08:45 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 03/26/14 -- 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$260,000,000 aggregate principal amount of its outstanding 9 1/8% Senior Notes due April 15, 2018 (the "Notes") at a redemption price of 103.042% 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$335,000,000 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 Date: April 24, 2014 (the "Redemption Date"). Redemption Price: US$1,030.42 in principal amount and premium per US$1,000.00 principal amount redeemed, plus approximately US$32.70 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 Mail: Regular Mail or Courier: In Person by Hand Only: ---------------------------------------------------------------------------- Wells Fargo Bank, National Wells Fargo Bank, Wells Fargo Bank, Association National Association National Association Corporate Trust Operations Corporate Trust Corporate Trust Services MAC N9303-121 Operations Northstar East Building P.O. Box 1517 MAC N9303-121 - 12th Floor Minneapolis, MN 55480 6th St & Marquette 608 Second Avenue South Avenue Minneapolis, MN 55402 Minneapolis, MN 55479
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 26th day of March, 2014.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 03:45 PM EDT Reads: 625
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
Jul. 1, 2015 03:30 PM EDT Reads: 999
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
Jul. 1, 2015 03:00 PM EDT Reads: 1,895
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
Jul. 1, 2015 02:45 PM EDT Reads: 1,002
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 1, 2015 02:30 PM EDT Reads: 1,148
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Jul. 1, 2015 02:21 PM EDT Reads: 396
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
Jul. 1, 2015 01:15 PM EDT Reads: 2,135
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 12:54 PM EDT Reads: 462
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Jul. 1, 2015 12:15 PM EDT Reads: 2,036
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
Jul. 1, 2015 12:00 PM EDT Reads: 1,979
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 11:45 AM EDT Reads: 993
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Jul. 1, 2015 11:30 AM EDT Reads: 2,229
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...
Jul. 1, 2015 11:30 AM EDT Reads: 742
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
Jul. 1, 2015 11:30 AM EDT Reads: 949
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achi...
Jul. 1, 2015 11:10 AM EDT Reads: 560