[Federal Register Volume 63, Number 93 (Thursday, May 14, 1998)]
[Notices]
[Pages 26833-26834]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12856]


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SECURITIES AND EXCHANGE COMMISISON


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Rogers Cantel Inc., 10\1/2\% Senior Secured Notes 
Due 2006; 9\3/8\% Senior Secured Debentures Due 2008; 9\3/4\ Senior 
Secured Debentures Due 2016) File No. 1-14393

May 8, 1998.
    Rogers Cantel Inc. (``Company'') has filed an application with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Exchange Act'') 
and Rule 12d2-2(d) promulgated thereunder, to withdraw the above 
specified securities (``Securities'') \1\ from listing and registration 
on the New York Stock Exchange, Inc. (``NYSE'' or ``Exchange'').
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    \1\ When referred to individually, the Securities are identified 
by their due dates (i.e., the ``2006 Notes'', the ``2008 
Debentures'', and the ``2016 Debentures'').
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    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Securities were issued pursuant to three indentures, each dated 
May 30, 1996, and qualified under the Trust Indenture Act of 1939, 
between the Company and The Chase Manhattan Bank (formerly Chemical 
Bank) as U.S. Trustee and CIBC Mellon Trust Company (formerly The R-M 
Trust Company) as Canadian Trustee and were sold in May 1996 pursuant 
to the Registration Statement filed with the Commission pursuant to the 
Securities Act of 1933. The Securities are registered pursuant to 
Section 12(b) of the Exchange Act and are listed for trading on the 
NYSE. There are currently Cdn$160,000,000 of the 2006 Notes, 
US$510,000,000 of the 2008 Debentures; and US$175,000,000 of the

[[Page 26834]]

2016 Debentures issued and outstanding for trading on the NYSE.
    The Company believes that this application to withdraw the 
Securities from listing and registration on the NYSE under Section 
12(b) of the Exchange Act should be granted for the following reasons:
    1. The Securities are held by a small number of holders. As of each 
of January 1, 1997, and October 3, 1997, there were eight registered 
holders of the 2006 Notes, one registered holder of the 2008 
Debentures, and one registered holder of the 2016 Debentures. Moreover, 
there are fewer than 300 holders of record in aggregate of the 
Securities and of all other registered securities of the Company.
    2. There has been no reported trading in the Securities. No trading 
in the Securities has been reported on the NYSE since their original 
issuance in May 1996, and, because of the small number of holders, the 
Company believes that it is unlikely that there will be any significant 
public interest in trading the Securities on the NYSE in the future.
    Any interested person may, on or before May 29, 1998, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the Exchange 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-12856 Filed 5-13-98; 8:45 am]
BILLING CODE 8010-01-M