Videotron to redeem 6 7/8% notes due 2014 with new notes proceeds

By Toni Weeks

San Diego, June 17 - Videotron Ltd. said it will use the proceeds of its planned C$300 million offering of 6 7/8% senior notes due July 15, 2021 to redeem and retire a portion of its 6 7/8% senior notes due 2014 on July 20, including the settlement and termination of related hedging contracts and the payment of related transaction fees and expenses.

Videotron is the cable, internet and mobile phone subsidiary of Quebecor Media Inc.

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