Astral Secures $700M In Additional Financing

Astral Media Inc. entered into a new credit agreement providing Astral with access to a $700 million five year unsecured credit facility from a syndicate of banks led by National Bank Financial Markets, RBC Capital Markets and BMO Capital Markets.

Astral Media is a leading media company in Canada.

Astral's team was led by Brigitte Catellier, Vice President, Legal Affairs and Secretary, Jocelyn Côté, Senior Vice Presi-dent, Regulatory and Government Affairs and Sylvie Bélanger, Senior Paralegal, Legal Affairs, with assistance from Stikeman Elliott LLP with a team that included Howard Rosenoff and Marie Josée Marcoux.

Astral's lending syndicate was represented by Angela Onesi, Marc Novello, Alexandre Gagnon and Jay Choi of Fasken Martineau DuMoulin LLP.