Citigroup, Others Arrange Quebecor Media Term Loan
Quebecor Media announced the closing of a seven-year, $350 million term loan B credit facility. The term loan B facility has the same security package as the outstanding revolving facility and the net proceeds will be used for general corporate purposes.
Citigroup Global Markets, RBC Capital Markets and The Bank of Nova Scotia acted as joint lead arrangers and joint book managers for the syndication of the term loan B facility.
Quebecor Media is an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephony and mobile telephony.