5.    LOSS ON DEBT REFINANCING

On November 20, 2025, Videotron redeemed all of its US$600.0 million aggregate principal amount of 5.125% Senior Notes due April 15, 2027, and unwound the related hedging contracts for a total cash consideration of $815.5 million. As a result, a net loss of $13.2 million was recorded in the consolidated statement of income in 2025, including a loss of $9.7 million previously recorded in other comprehensive income.