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Published on 12/17/2007 in the Prospect News High Yield Daily.

Shaw Communications calls all C$100 million of 8.54% series B capital securities

By Devika Patel

Knoxville, Tenn., Dec. 17 - Shaw Communications Inc. is buying back all C$100 million of its outstanding 8.54% series B capital securities, according to a 6-K filed with the Securities and Exchange Commission.

The securities will be redeemed at C$1,042.70 per security plus C$28.31 in interest on Jan. 30.

All holders on record as of Jan. 15 will receive the payment.

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


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