Sun Media Corporation: Notice of Redemption for Any and All Outstanding 7 5/8% Senior Notes Due 2013
January 10 2011 - 7:30AM
Marketwired
(TSX: QBR.A) (TSX: QBR.B)
(CUSIP: 866950 AB 4)
Pursuant to Sections 3.01, 3.03 and 3.07 of the Indenture (the
"Indenture"), dated as of February 7, 2003, by and among Sun Media
Corporation ("Sun Media"), a company continued under the laws of
the Province of British Columbia, each subsidiary guarantor party
thereto, and U.S. Bank National Association (as successor to
National City Bank), as trustee (the "Trustee"), notice is hereby
given that, subject to the terms of the Indenture, Sun Media is
electing to redeem all outstanding 75/8% Senior Notes due 2013 (the
"Notes") at the Redemption Price (defined below) on the Redemption
Date (defined below) on the terms set forth below. As at the date
of this notice, $205,000,000 aggregate principal amount of the
Notes is outstanding. Capitalized terms used but not defined in
this Notice of Redemption have the meaning specified in the
Indenture.
Redemption Terms:
Redemption Date: February 15, 2011.
Redemption Price: $1,000.00 per $1,000.00 principal amount
(subject to the right of Holders of record on February 1, 2011 to
receive interest due on February 15, 2011).
Paying Agent: In accordance with the Indenture, in order to
collect the Redemption Price, a Holder must surrender (or transfer
by book-entry transfer) the Notes to the Paying Agent at its
address as follows:
If by mail: If by hand or overnight mail:
U.S. Bank U.S. Bank
Corporate Trust Services Corporate Trust Services
P.O. Box 64111 60 Livingston Avenue
St. Paul, MN 55164-0111 1st Floor - Bond Drop Window
St. Paul, MN 55107
----------------------------------------------------------
Toll free: 1-800-934-6802
To facilitate prompt payment, the Notes should be surrendered as
soon as possible to the Paying Agent. SECURITIES HELD IN BOOK-ENTRY
FORM WILL BE REDEEMED IN ACCORDANCE WITH THE APPLICABLE PROCEDURES
OF THE DEPOSITORY TRUST CORPORATION.
The Notes will become due on the Redemption Date. The Redemption
Price will be paid promptly following the later of the Redemption
Date and the time of surrender of the Notes to the Paying Agent. On
the Redemption Date, the Redemption Price will become due and
payable upon each Note to be redeemed, and, unless Sun Media
defaults in paying the Redemption Price, interest on the Notes will
cease to accrue on and after the Redemption Date (subject to the
right of Holders of record on February 1, 2011 to receive interest
due on February 15, 2011).
Neither Sun Media nor the Trustee shall be held responsible for
the selection or use of the CUSIP numbers listed in this notice,
nor is any representation made by Sun Media or the Trustee as to
the correctness or accuracy of the CUSIP numbers listed in this
notice or printed on the Notes. They are included solely for the
convenience of the Holders.
If you have any questions concerning this notice of redemption,
please contact Jean-Francois Pruneau, Vice President, Finance, at
(514)-380-4144 or via mail c/o Sun Media Corporation, 333 King
Street East, Toronto, Ontario, M5A 3X5, Canada.
REQUIREMENT INFORMATION
For a list of redemption requirements, please visit the
Trustee's website at www.usbank.com/corporatetrust and click on the
"Bondholder Information" link.
IMPORTANT NOTICE AND TAXPAYER INFORMATION
Under the Jobs and Growth Tax Relief Reconciliation Act of 2003,
28% will be withheld if tax identification number is not properly
certified. For further information concerning withholding and
instructions for completing IRS Form W-9 (including how to obtain a
taxpayer identification number if you do not have one and how to
complete IRS Form W-9 if the Notes are held in more than one name),
consult the general instructions in IRS Form W-9. Each Holder that
is not a U.S. person (as defined in the general instructions in IRS
Form W-9, such Holder referred to herein as a "Non-U.S. Holder")
generally must submit a properly completed applicable IRS Form W-8
(rather than an IRS Form W-9), certifying, under penalties of
perjury, to such Non-U.S. Holder's foreign status in order to
establish an exemption from backup withholding. An applicable IRS
Form W-9 or IRS Form W-8 and instructions to any of these forms may
be obtained at the IRS website at http://www.irs.gov.
This notice of redemption is dated and given this 10th day of
January, 2011.
Contacts: Quebecor Inc. and Quebecor Media Inc. Jean-Francois
Pruneau Chief Financial Officer 514-380-4144
jean-francois.pruneau@quebecor.com
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