Shaw Communications closes $650 million senior note offering

On November 9, 2009, Shaw Communications Inc. (TSX: SJR.B) (NYSE: SJR) announced that it had closed its offering of $650 million principal amount of 6.75% senior unsecured notes due 2039. The senior notes were made available in Canada and the United States, under Shaw's previously filed shelf prospectus, pursuant to an agency agreement with TD Securities Inc. and RBC Dominion Securities Inc. acting as co-lead agents.

Shaw is a diversified communications company whose core business is providing broadband cable television, High-Speed Internet, Digital Phone, telecommunications services and satellite direct-to-home services.

Fasken Martineau served as special regulatory counsel to Shaw in this transaction with a team consisting of Joel Fortune, Laurence Dunbar, Scott Prescott and Stephen Whitehead.