Quebecor Media Inc. Notice of Redemption for Any and All Outstanding 7 3/4% Senior Notes Due March 15, 2016 CUSIP No. 74819RAK2
March 26 2014 - 5:25PM
Marketwired
Quebecor Media Inc. Notice of Redemption for Any and All
Outstanding 7 3/4% Senior Notes Due March 15, 2016 CUSIP No.
74819RAK2
MONTREAL, QUEBEC--(Marketwired - Mar 26, 2014) -
Pursuant to Sections 3.01, 3.03 and 3.07 of the Indenture (the
"Indenture"), dated as of October 5, 2007 by and among Quebecor
Media Inc. ("QMI"), a corporation under the laws of the Province of
Québec and U.S. Bank, National Association, as trustee and paying
agent (the "Trustee"), notice is hereby given that, subject to the
terms of the Indenture, QMI is electing to redeem all outstanding 7
3/4% Senior Notes due March 15, 2016 issued on October 5, 2007 (the
"Notes") at a redemption price of 100.000% of the principal amount
redeemed, plus accrued and unpaid interest on the Notes redeemed
to, but not including, the Redemption Date (as defined below), on
the terms set forth below. As at the date of this notice,
US$380,000,000 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: |
April
25, 2014 (the "Redemption Date"). |
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Redemption Price: |
US$1,000.00 in principal amount per US$1,000.00 principal amount
redeemed, plus approximately US$27.98611 in accrued and unpaid
interest to but not including the Redemption Date (the "Redemption
Price"). |
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|
Paying Agent: |
Holders of the Notes will be paid the Redemption Price upon
presentation and surrender of their Notes for redemption at the
Paying Agent's address indicated below. Notes called for redemption
must be so surrendered in order to collect the Redemption Price.
The Paying Agent's address for delivery of the Notes is as
follows: |
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|
|
|
Registered & Certified Mail: |
|
Regular Mail: |
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By Hand, Overnight Mail & Courier: |
U.S.
Bank |
|
U.S.
Bank |
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U.S.
Bank |
Corporate Trust Services |
|
Corporate Trust Services |
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Corporate Trust Services |
1350
Euclid Ave. |
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P.O.
Box 64111 |
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111
Fillmore Ave E |
Cleveland, OH 44115 |
|
St.
Paul, MN 55164-0111 |
|
St.
Paul, MN 55107 |
To facilitate prompt payment, the Notes called for redemption
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 called for redemption are being redeemed pursuant to
Section 3.07 of the Indenture and 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
called for redemption to the Paying Agent. On the Redemption Date,
the Redemption Price will become due and payable upon each Note to
be redeemed, and, unless QMI defaults in paying the Redemption
Price, interest on the Notes will cease to accrue on and after the
Redemption Date.
Neither QMI nor the Trustee shall be held responsible for the
selection or use of the CUSIP number listed in this notice, nor is
any representation made by QMI or the Trustee as to the correctness
or accuracy of the CUSIP number 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, Senior Vice President and
Chief Financial Officer, at (514) 380-4144 or via mail c/o Quebecor
Media Inc., 612 St-Jacques Street, Montréal, Québec, Canada, H3C
4M8.
IMPORTANT NOTICE AND
TAXPAYER INFORMATION
Under current United States federal income tax law, backup
withholding, at a rate of 28%, generally may apply to the payment
of gross redemption proceeds, unless (i) in the case of a
non-corporate holder that is a beneficial owner of Notes and that
is a United States person (as determined for U.S. federal income
tax purposes), the paying agent has received a properly completed
IRS Form W-9 setting forth the holder's taxpayer identification
number, or (ii) the holder otherwise establishes an exemption. A
holder that is a beneficial owner of Notes and that is not a United
States person (as determined for U.S. federal income tax purposes)
generally may establish an exemption from backup withholding by
providing to the paying agent an IRS Form W-8BEN, upon which it
certifies its foreign status.
Direct inquiries to the Trustee by telephone at 800-934-6802 or
by Fax at 216-623-9202.
Quebecor Media Inc. |
By: U.S. Bank, National Association, As Trustee |
This notice of redemption is dated and given this 26th day of
March, 2014. |
Jean-Francois PruneauSenior Vice President and Chief Financial
OfficerQuebecor Media Inc.514-380-4144
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