Shaw Communications extended the maturity date of its five-year $1.5 billion credit facility with its syndicate of 10 financial institutions, including TD Securities as lead arranger and sole bookrunner; Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Bank of Nova Scotia as syndication agents and The Bank of Tokyo-Mitsubishi UFJ as documentation agent.

The maturity date of the facility was extended from December 2019 to December 2021. The facility is used for working capital and general corporate purposes.

Calgary, Alberta-based Shaw provides consumers with broadband internet, WiFi, video and digital phone services.