Quebecor Media Inc. Issues Notice of Redemption for its 7 3/4% Senior Notes due 2016 Issued on January 17, 2006
July 31 2013 - 5:55PM
Marketwired
Quebecor Media Inc. ("Quebecor Media") (TSX:QBR.A)(TSX:QBR.B) today
announced that it has issued a notice of redemption for the entire
outstanding principal amount of its 7 3/4% Senior Notes due March
15, 2016 (CUSIP 74819RAG1) issued on January 17, 2006 (the
"Notes"). A notice of redemption (the "Redemption Notice") pursuant
to the terms of the indenture, dated as of January 17, 2006,
governing the Notes (the "Indenture") is being distributed by U.S.
Bank, National Association, the trustee under the Indenture. The
Redemption Notice issued today states that the redemption date is
August 30, 2013 (the "Redemption Date"), and the redemption price
is 101.292% of the principal amount of the notes redeemed, plus
accrued and unpaid interest to the Redemption Date. Questions
regarding this redemption should be directed to U.S. Bank, National
Association, by telephone at 1-800-934-6802 or by facsimile at
(216) 623-9202.
This announcement does not constitute an offer to buy or sell or
the solicitation of an offer to sell or buy any securities in any
jurisdiction. The securities mentioned herein have not been and
will not be qualified for sale to the public under applicable
Canadian securities laws and, accordingly, any offer and sale of
the securities in Canada will be made on a basis which is exempt
from the prospectus requirements of such securities laws.
About Quebecor Media Inc.
Quebecor Media Inc. is a subsidiary of Quebecor Inc.
(TSX:QBR.A)(TSX:QBR.B), one of Canada's largest holding companies
operating in the telecommunications and media businesses. With more
than 16,000 employees, Quebecor Media Inc., through its subsidiary
Videotron Ltd., is an integrated communications company engaged in
cable television, interactive multimedia development, Internet
access services, cable telephony and mobile telephony. Through Sun
Media Corporation, Quebecor Media Inc. is the largest publisher of
newspapers in Canada. It also operates Canoe.ca and its network of
English- and French-language Internet properties in Canada. In the
broadcasting segment, Quebecor Media Inc. operates, through TVA
Group Inc., the number one French-language conventional television
network in Quebec, a number of specialty channels and, through Sun
Media Corporation, the English-language SUN News channel. Another
subsidiary of Quebecor Media Inc., Nurun Inc., is a major
interactive technologies and communications agency with offices in
Canada, the United States, Europe and Asia. Quebecor Media Inc. is
also active in magazine publishing (Publications TVA Inc.), book
publishing and distribution (Sogides Group Inc., CEC Publishing
Inc.), the production, distribution and retailing of cultural
products (Archambault Group Inc., TVA Films), video game
development (BlooBuzz Studios Inc.), DVD, Blu-ray disc and
videogame rental and retailing (Le SuperClub Videotron ltee), the
printing and distribution of community newspapers and flyers
(Quebecor Media Printing Inc., Quebecor Media Network Inc.),
outdoor advertising (Quebecor Media Out of Home), news content
production and distribution (QMI Agency), and multiplatform
advertising solutions (Quebecor Media Sales).
Forward-Looking Statements
This news release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation and
"forward-looking statements" within the meaning of United States
federal securities legislation (collectively, "forward-looking
statements"). All statements other than statements of historical
facts included in this press release, including statements
regarding our industry and our prospects, plans, financial position
and business strategy, may constitute forward-looking statements.
These forward-looking statements are based on current expectations,
estimates, forecasts and projections about the industries in which
we operate as well as beliefs and assumptions made by our
management. Such statements include, in particular, statements
about our plans, prospects, financial position and business
strategies. Words such as "may," "will," "expect," "continue,"
"intend," "estimate," "anticipate," "plan," "foresee," "believe" or
"seek" or the negatives of these terms or variations of them or
similar terminology are intended to identify such forward-looking
statements. Although we believe that the expectations reflected in
these forward-looking statements are reasonable, these statements,
by their nature, involve risks and uncertainties and are not
guarantees of future performance. Such statements are also subject
to assumptions concerning, among other things: our anticipated
business strategies; anticipated trends in our business; and our
ability to continue to control costs. We can give no assurance that
these estimates and expectations will prove to have been correct.
Actual outcomes and results may, and often do, differ from what is
expressed, implied or projected in such forward-looking statements,
and such differences may be material. For additional information
regarding some important factors that could cause actual results to
differ materially from those expressed in these forward-looking
statements and other risks and uncertainties, and the assumptions
underlying the forward-looking statements, you are encouraged to
read "Item 3. Key Information - Risk Factors" as well as statements
located elsewhere in Quebecor Media's annual report on Form 20-F
for the year ended December 31, 2012. Each of these forward-looking
statements speaks only as of the date of this press release. We
will not update these statements unless applicable securities laws
require us to do so.
Contacts: Jean-Francois Pruneau Senior Vice President and Chief
Financial Officer Quebecor Media Inc. 514.380.4144
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