Corus Amends Credit Facility, Introduces Two New Cable Nets

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TORONTO — Fiscally troubled broadcast radio and television company Corus Entertainment has completed an agreement to amend its credit agreement with its bank group, led by TD Securities and RBC Capital Markets — a move that increases its debt-to-cash flow ratio.


At the same time, Corus is moving forward with the launch of new lifestyle networks launching in Canada on December 30.

 

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