MONTREAL, June 3, 2021 / CNW Telbec / – Quebecor Media inc. (“Quebecor Media”) announced today that it has issued a notice of redemption for all of its 6⅝% Senior Notes due January 15, 2023 (the Notes “). A redemption notice (the” Redemption Notice “) pursuant to the terms of the Note Indenture (the” Deed “) is being distributed by Computershare Trust Company of Canada, the trustee under the deed. As indicated in the Redemption Notice, the redemption date is July 3, 2021, and the redemption price will be calculated on July 2, 2021. Quebecor Media will disclose the repurchase price by press release on July 2, 2021.
Payment of the redemption price and delivery of the Notes for redemption will be made through CDS Clearing and Depository Services Inc. in accordance with the applicable procedures of CDS Clearing and Depository Services Inc. on July 5, 2021.
Questions regarding this redemption should be directed to Computershare Trust Company of Canada, by phone at 1-800-564-6253.
This announcement does not constitute an offer to sell or buy or the solicitation of an offer to sell or buy any securities in any jurisdiction or under any circumstances in which such offer or solicitation is illegal. The securities mentioned herein have not been and will not be eligible for sale to the public under applicable Canadian securities laws and, therefore, any offer and sale of the securities in Canada will be carried out on a basis that is exempt from the prospectus requirements of such securities laws.
About Quebecor Media
Quebecor Media, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the industry’s most successful integrated communications companies. Driven by their determination to offer the best possible customer experience, all of Quebecor Media’s subsidiaries and brands are distinguished by their convergent, multiplatform and high quality products and services. Quebecor Media is a wholly owned subsidiary of Quebecor Inc. (TSX: QBR.A, QBR.B), which is headquartered in Quebec and employs over 10,000 people in Canada. A family business founded in 1950, Quebecor inc. is strongly involved in the community. Each year, it actively supports more than 400 organizations working in the vital areas of culture, health, education, environment and entrepreneurship.
Certain statements contained in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results for future periods to differ materially from those set forth in forward-looking statements. .
SOURCE Quebecor Media inc.
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