TD Securities, RBC Provide ViaWest Facilities
Shaw Communications announced that a syndicate of lenders led by joint lead arrangers, TD Securities and RBC Capital Markets, provided a term loan in the amount of $395 million and a revolver in the amount of $85 million for ViaWest, Shaw’s wholly owned provider of colocation, cloud, and managed services in North America. The facilities were used to repay the outstanding debt under ViaWest’s prior credit facility and for ViaWest’s general corporate purposes. The term loan matures in March 2022 and the revolving credit facility matures in March 2020.
Shaw Communications is a diversified communications and media company.
ViaWest is a provider of colocation, private and public clouds and managed services in North America.