Quebecor Media Refinances With $1.9B Credit Facility

On July 6, 2001, a credit facility in the amount of $1.905 billion was provided to Quebecor Media Inc. primarily to refinance its existing indebtedness in connection with its acquisition of Le Groupe Vidéotron ltée.

Allan A. Mass, Barbara Farina and Louise Houle of Fraser Milner Casgrain LLP acted on behalf of the arrangers (lead arranger RBC Dominion Securities Inc., and TD Securities, Crédit Suisse First Boston and Salomon Smith Barney Inc. as co-lead arrangers) and the banking syndicate.

Andrew Fleming, Marc Lacourcière, Christian Sioufi, Martin Thériault and Sylvain Gendron of Ogilvy Renault acted on behalf of Quebecor Media Inc. Claude Bergeron, Vice-President and general counsel of the caisse de dépot et placement du Québec, and Sylvain Cossette of Davies Ward Phillips & Vineberg LLP represented Caisse de dépôt et placement du Québec and Capital Communications CDPQ Inc.