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Financings

CORUS ENTERTAINMENT ANNOUNCES AMENDMENT OF CREDIT FACILITY

By The Northwire Desk — AI Analysis Oct 30, 2025 · 06:00 CJR · 0.095 None
CJR · Price

Executive Summary

  • Corus Entertainment Inc. announced the amendment of its Eighth Amended and Restated Credit Agreement, increasing the maximum revolving loan availability from $75 million to $125 million.
  • The amendment is part of a prudent liquidity management strategy aimed at enhancing the Company’s access to capital.
  • All terms remain as defined in the existing credit facility; the amendment will be filed on SEDAR+.

Key Details

  • Amendment Scope: Increases the maximum amount that may be requested on a revolving basis from $75 million to $125 million.
  • Purpose: Supports Corus’s liquidity management and provides greater flexibility for working capital, debt repayment, and strategic initiatives.
  • Credit Facility Reference: Eighth Amended and Restated Credit Agreement, last amended on March 21 2025.
  • Filing: A copy of the amendment will be filed on the Company’s SEDAR+ profile (www.sedarplus.ca).
  • Forward‑Looking Statements: The release includes extensive cautionary language regarding forward‑looking information and associated risks.

Notable Quotes

(No direct quotes from executives were included in the release.)

Read the original news release →

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