Wednesday, May 21, 2014

News Release - Manitoba Telecom Services Inc. Announces Debt Offering


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MTS Allstream

News Release

Manitoba Telecom Services Inc. Announces Debt Offering

C$225 Million in 10-Year Notes

WINNIPEG, MB, May 21, 2014 – (TSX: MBT) Manitoba Telecom Services Inc. (the "Company"), which includes its two primary operating subsidiaries, MTS Inc. and Allstream Inc., today announced that it has agreed to issue $225 million in medium term notes ("MTNs") with a ten-year term maturing on May 27, 2024, and a coupon of 4.00 per cent. The offering of MTNs, which is being made through a syndicate of investment dealers co-led by BMO Capital Markets and RBC Capital Markets, is expected to close on May 26, 2014.

Complete News Release

MTS Inc. P.O. Box 6666, 333 Main St., Winnipeg, MB R3C 3V6 204-225-5687

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