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| Home : Shaw Announces US$480 Million Credit Facilities for ViaWest |
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Mar 31
2015 |
Shaw Announces US$480 Million Credit Facilities for ViaWest |
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CALGARY, ALBERTA--(Marketwired - March 30, 2015) - Shaw Communications Inc. ("Shaw") (TSX:SJR.B)(NYSE:SJR) today announced that a syndicate of lenders led by joint lead arrangers, TD Securities and RBC Capital Markets, have provided a term loan in the amount of US$395 million and a revolving credit facility in the amount of US$85 million for ViaWest, Inc., Shaw's wholly-owned provider of colocation, cloud, and managed services in North America. The facilities were used to repay the outstanding debt under ViaWest's prior credit facility and for ViaWest's general corporate purposes. The term loan matures in March 2022 and the revolving credit facility matures in March 2020. |
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| Source:http://www.marketwired.com/mw/release.do?id=2005001&sourceType=3 |
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