Cable / Telecom News

Shaw extends $1B credit facility

CALGARY - Shaw Communications has amended the terms of its five-year $1 billion bank credit facility with its syndicate of ten financial institutions, including The Toronto-Dominion Bank as lead arranger and sole bookrunner, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Bank of Nova Scotia as syndication agents and Bank of Tokyo-Mitsubishi UFJ (Canada) as documentation agent.The maturity date of the facility has been extended from January 2017 to December 2019.Shaw said that the facility is used for general corporate