MONTREAL, June 3, 2021 /CNW Telbec/ - Quebecor Media Inc.
("Quebecor Media") today announced that it has issued a notice of
redemption for all of its outstanding 6⅝% Senior Notes due
January 15, 2023 (the "Notes").
A notice of redemption (the "Redemption Notice") pursuant to the
terms of the indenture governing the Notes (the "Indenture") is
being distributed by Computershare Trust Company of Canada, the trustee under the Indenture. As
set forth 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 redemption price by
press release on July 2, 2021.
Payment of the redemption price and surrender of the Notes for
redemption will be made through the facilities of 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 telephone 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 in any circumstances in which such offer or
solicitation is unlawful. 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
Quebecor Media, a Canadian leader in telecommunications,
entertainment, news media and culture, is one of the
best-performing integrated communications companies in the
industry. Driven by their determination to deliver the best
possible customer experience, all of Quebecor Media's subsidiaries
and brands are differentiated by their high-quality, multiplatform,
convergent products and services. Quebecor Media is a wholly-owned
subsidiary of Quebecor Inc. (TSX: QBR.A, QBR.B), which is
headquartered in Québec and employs more than 10,000 people in
Canada. A family business founded
in 1950, Quebecor Inc. is strongly committed to the community.
Every year, it actively supports more than 400 organizations
working in the vital fields of culture, health, education, the
environment and entrepreneurship.
Visit our website: www.quebecor.com
Follow us on Twitter: twitter.com/Quebecor
Forward–Looking Statements
Certain statements
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 in future periods to differ materially from those set forth
in the forward-looking statements.
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SOURCE Quebecor Media Inc.