Shaw Communications names redemption prices for 8.25%, 7.25% notes

By Marisa Wong

Milwaukee, Oct. 7 – Shaw Communications Inc. announced that it has determined the redemption prices for its $440 million 8.25% senior notes due 2010 and its $225 million 7.25% senior notes due 2011, all to be redeemed Oct. 13.

The senior notes due 2010 will be redeemed at $1,039.21 per note, which includes $0.46 in interest accrued up to the redemption date. The senior notes due 2011 will be redeemed at $1,096.06 per note, which includes $1.41 in accrued interest.

Shaw Communications is a Calgary, Alta.-based diversified communications company.

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