Filed pursuant to Rule 424(b)(3)
Registration No. 333-90113
PROSPECTUS SUPPLEMENT NO. 2
(TO PROSPECTUS DATED NOVEMBER 19, 1999)
CORECOMM LIMITED
-------------------------
6% CONVERTIBLE SUBORDINATED NOTES DUE 2006
AND SHARES OF COMMON STOCK
-------------------------
This Prospectus Supplement No. 2, supplements and amends the Prospectus
dated November 19, 1999 as amended and supplemented by the Prospectus Supplement
dated November 24, 1999 (the "Prospectus"), relating to the 6% Convertible
Subordinated Notes Due 2006 (the "Convertible Notes") of CoreComm Limited and
shares of common stock issuable upon conversion of the Convertible Notes.
The table on pages 77 through 79 of the Prospectus sets forth information
with respect to the Selling Securityholders (as defined in the Prospectus) and
the respective amounts of Convertible Notes beneficially owned by each Selling
Securityholder that may be offered pursuant to the Prospectus (as supplemented
and amended). This Prospectus Supplement amends that table by adding the
remaining item set forth below to that table.
<TABLE>
<CAPTION>
PRINCIPAL
AMOUNT OF COMMON
CONVERTIBLE PERCENT STOCK PERCENT
NOTES OF TOTAL OWNED COMMON OF TOTAL
BENEFICIALLY OUTSTANDING PRIOR TO STOCK TO BE OUTSTANDING
OWNED CONVERTIBLE ORIGINAL REGISTERED COMMON
SELLING SECURITYHOLDERS AND OFFERED NOTES OFFERING HEREBY (1) STOCK (2)
- ----------------------- ------------ ----------- -------- ----------- -----------
<S> <C> <C> <C> <C> <C>
1. GLG Global Conv Fund $800,000 * 0 19,469 *
</TABLE>
-------------------------
The Prospectus, together with this Prospectus Supplement No. 2, constitutes
the prospectus required to be delivered by Section 5(b) of the Securities Act of
1933, as amended, with respect to offers and sales of the Convertible Notes and
the Common Stock issuable upon conversion of the Convertible Notes.
WE URGE YOU TO CAREFULLY READ THE "RISK FACTORS" SECTION BEGINNING ON PAGE
8 OF THE ACCOMPANYING PROSPECTUS, WHERE WE DESCRIBE SPECIFIC RISKS ASSOCIATED
WITH THESE SECURITIES, BEFORE YOU MAKE YOUR INVESTMENT DECISION.
-------------------------
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE
ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus Supplement No. 2 is December 14, 1999.
<PAGE>
SELLING SECURITYHOLDERS
The following table sets forth, as of December 14, 1999, the respective
principal amount of convertible notes beneficially owned and offered hereby by
each selling securityholder, the common stock owned by each selling
securityholder prior to the Original Offering and the common stock issuable upon
conversion of such convertible notes, which may be sold from time to time by
such selling securityholder pursuant to the Prospectus. Such information has
been obtained from the selling securityholders.
<TABLE>
<CAPTION>
PRINCIPAL
AMOUNT OF COMMON
CONVERTIBLE PERCENT STOCK PERCENT
NOTES OF TOTAL OWNED COMMON OF TOTAL
BENEFICIALLY OUTSTANDING PRIOR TO STOCK TO BE OUTSTANDING
OWNED CONVERTIBLE ORIGINAL REGISTERED COMMON
SELLING SECURITYHOLDERS AND OFFERED NOTES OFFERING HEREBY (1) STOCK (2)
- ----------------------- ------------ ----------- -------- ----------- -----------
<S> <C> <C> <C> <C> <C>
Bancroft Convertible Fund, Inc. 500,000 * 0 12,169 *
Bankers Trust, Trustee for Chrysler Corp. Emp. #1 Pension
Plan Dtd 4/1/89 2,294,000 1.3 0 55,829 *
Baron Capital Partners, L.P. 7,000,000 4.0 0 170,358 *
Baron Growth Fund Series of Baron Asset Fund 5,000,000 2.9 0 121,685 *
Baron Small Cap Series of Baron Asset Fund 5,000,000 2.9 0 121,685 *
Bill W. Mintz TTEE Revocable Living Trust 100,000 * 29,700 2,434 *
BNP Arbitrage SNC 7,500,000 4.3 0 182,527 *
Charles V. Schaefer, Jr. 101,000 * 0 2,458 *
Chrysler Corporation Master Retirement Trust 920,000 * 0 22,390 *
CIBC World Markets International Arbitrage Corp. 4,500,000 2.6 0 109,516 *
Cumber International NV 339,000 * 0 8,250 *
Cumberland Partners 4,823,000 2.8 0 117,376 *
C-Valor Ltd. 86,000 * 0 2,093 *
Del Mintz 700,000 * 0 17,035 *
Delta Associates Limited Partnership 98,000 * 0 2,385 *
Deltec Asset Management Corporation 100,000 * 0 2,434 *
Deutsche Bank Securities Inc. 14,250,000 8.1 0 346,800 1.2
Donaldson, Lufkin & Jenrette Securities Corporation 26,392,000 15.1 0 642,298 2.2
Edwin L. Cox 81,000 * 0 1,971 *
Ellsworth Convertible Growth and Income Fund, Inc. 500,000 * 0 12,169 *
Fidelity Financial Trust:
Fidelity Convertible Securities Fund 1,000,000 * 0 24,337 *
Forest Alternative Strategies Fund II LP Series A5I 30,000 * 0 730 *
Forest Alternative Strategies Fund II LP A5M 15,000 * 0 365 *
Forest Fulcrum Fund LP 400,000 * 0 9,735 *
Forest Global Convertible Fund Series A-5 510,000 * 0 12,412 *
Franklin & Marshall College 174,000 * 0 4,235 *
Gary L. Mintz 100,000 * 2,612 2,434 *
GLG Global Conv Fund 800,000 * 0 19,469
Irving B. Spitz 500,000 * 0 12,169 *
Joan Schapiro 100,000 * 0 2,434 *
Lawrence Flinn, Jr. Master Partnership I 100,000 * 0 2,434 *
Lawrence J. Stupski Revocable Trust 31,000 * 0 754 *
Lazard Freres et Compagnie 500,000 * 0 12,169 *
LDG Limited 150,000 * 0 3,650 *
Lipper Convertibles, L.P. 8,250,000 4.7 0 200,579 *
Lipper Convertibles Series II, L.P. 2,000,000 1.1 0 48,674 *
LLT Limited 100,000 * 0 2,434 *
LongView Partners 735,000 * 0 17,888 *
LongView Partners B, L.P. 487,000 * 0 11,852 *
LongView Partners C, L.P. 162,000 * 0 3,943 *
<PAGE>
MainStay Convertible Fund 5,000,000 2.9 0 121,685 *
Mark Mintz 100,000 * 1,562 2,434 *
MFS Series Trust I: MFS Convertible Securities Fund 3,000 * 0 73 *
MFS Series Trust V: MFS Total Return Fund 816,000 * 0 19,859 *
MFS Series Trust VI:MFS Utilities Fund 7,880,000 4.5 0 191,774 *
MFS/Sunlife Series Trust: Utilities Series 1,930,000 * 0 46,970 *
MFS Variable Insurance Trust: MFS Utility Series 870,000 * 0 21,173 *
Morgan Stanley Dean Witter 1,650,000 * 0 40,156 *
Morgan Stanley Dean Witter Convertible Securities Trust 1,500,000 * 0 36,506 *
Motion Picture Industry Health Plan -- Active Member Fund 110,000 * 0 2,677 *
Motion Picture Industry Health Plan -- Retiree Member Fund 55,000 * 0 1,338 *
New York Life Insurance and Annuity Corporation 1,700,000 * 0 41,373 *
New York Life Insurance Company 9,300,000 5.3 0 226,332 *
OCM Convertible Trust 495,000 * 0 12,047 *
Partner Reinsurance Company Ltd 480,000 * 0 11,682 *
Penn Treaty Network America Insurance Co. 155,000 * 0 3,773 *
Peter E. Haas and Miriam L. Haas 39,000 * 0 949 *
Radix Associates 200,000 * 0 4,868 *
Reliance Insurance Company 25,000,000 14.3 0 608,421 2.0
Singer Associates 8,000 * 0 195 *
Southport Management Partners, L.P. 300,000 * 0 7,301 *
Southport Partners International, Ltd. 600,000 * 0 14,602 *
Stanley Knapp 100,000 * 0 2,434 *
State Employees' Retirement Fund of the State of Delaware 490,000 * 0 11,925 *
State of Connecticut Combined Investment Funds 1,070,000 * 0 26,040 *
State Street Bank, Custodian for GE Pension Trust 1,216,000 * 0 29,594 *
Stuart Schapiro 100,000 * 0 2,434 *
Sylvan IMA Ltd. c/o Forest Investment Management LLC 20,000 * 0 487 *
The Stupski Family Trust 10,000 * 0 243 *
TQA Master Fund, Ltd. 500,000 * 0 12,169 *
TQA Master Plus Fund, Ltd. 350,000 * 0 8,518 *
Value Line Convertible Fund, Inc. 200,000 * 0 4,868 *
Vanguard Convertible Securities Fund, Inc. 630,000 * 0 15,332 *
Van Kampen Convertible Securities Fund 743,000 * 0 18,082 *
Van Kampen Harbor Fund Inc. 3,877,000 2.2 0 94,354 *
Van Kampen Utility Fund 1,380,000 * 0 33,585 *
Warren Potash & Marie C. Potash Co-Trustees
under Potash Living Trust Dtd 10/18/95 250,000 * 40,375 6,084 *
</TABLE>
- ---------------
* Less than one percent.
(1) The shares of common stock to be registered by this prospectus are
calculated on an "as converted" basis using the conversion rate described in
this prospectus.
(2) Assumes conversion of all common stock registered by this prospectus.
4
