TVA Group Inc.
TSX : TVA.B

TVA Group Inc.

December 14, 2009 14:47 ET

TVA Group Concludes Its Long Term Debt Renewal

MONTREAL, CANADA--(Marketwire - Dec. 14, 2009) - TVA Group Inc. (TSX:TVA.B) announces today that it concluded its debt refinancing in a 5 year term loan for an amount of $75 million and a 3 year revolving credit facility for an amount of $100 million.

This financing will allow the Company to reimburse its current debt as well as finance its general corporate purposes.

The Company

TVA Group Inc., a subsidiary of Quebecor Media Inc., is an integrated communications company involved in television, the production and distribution of audiovisual products, and in magazine publishing. TVA Group Inc. is one of the largest private sector producers and the largest private sector broadcaster of French-language entertainment, information and public affairs programming, and magazine publishing in North America. TVA Group Inc. also operates SUN TV, a conventional station in Toronto. The Company's Class B shares are listed on the Toronto Stock Exchange under the ticker symbol TVA.B.

The unaudited consolidated financial statements with notes and interim Management's Discussion and Analysis can be consulted on TVA's Web site at: www.tva.canoe.ca.

Contact Information

  • TVA Group Inc.
    Denis Rozon, CA
    Vice-President and Chief Financial Officer
    514-598-2808