Corus Amends Credit Facility, Extends Maturity Dates

Financing Adjusted

CORUS ENTERTAINMENT INC. has completed an agreement to amend and extend the terms of its existing credit facility with a group of banks led by RBC CAPITAL MARKETS and TD SECURITIES.

The amendment drops the amount covered by the facility from C$2.3 billion to C$2.1 billion to reflect principal repayments made since the facility was established, and maturity was extended to NOVEMBER 2021 for tranche 2, NOVEMBER 2022 for tranche 1, and NOVEMBER 2021 for its C$300 million revolving facility.

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