Corus Entertainment Inc. finalizes fifth amended and restated syndicated senior secured credit facilities
May 31, 2021
1.20 Billion CAD
On May 31, 2021, Corus Entertainment Inc. amended and renewed its syndicated senior secured credit facilities with a syndicate led by RBC Capital Markets and TD Securities, as co-lead arrangers and joint bookrunners, Royal Bank of Canada, as administrative agent, and Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada and The Bank of Nova Scotia, as co-syndication agents. The amendment and restatement included an adjustment of the amounts within the existing facilities and an extension of the maturity dates.
Corus Entertainment Inc. is a leading Canadian media and content company, based in Toronto, focused mainly on television and radio production.
McCarthy Tétrault advised RBC Capital Markets and TD Securities with a team led by Gordon Baird that included Noel Chow and Cristina Arantes.