TORONTO — Canadian media company Corus Entertainment Inc., which owns a group of radio stations including CFNY “Edge 102.1” and CILQ “Q107” in Toronto and the Global television network, has successfully shifted of all the indebtedness and obligations under its credit facility to “existing strategic debtholders.”
The bigger news: the publicly traded company has finalized a deal giving it the opportunity to get more Loonies and Twonies on loan, as a cash advance.
