Shaw Communications Inc.
TSX : SJR.B
NYSE : SJR

Shaw Communications Inc.

March 30, 2015 16:21 ET

Shaw Announces US$480 Million Credit Facilities for ViaWest

CALGARY, ALBERTA--(Marketwired - March 30, 2015) - Shaw Communications Inc. ("Shaw") (TSX:SJR.B)(NYSE:SJR) today announced that a syndicate of lenders led by joint lead arrangers, TD Securities and RBC Capital Markets, have provided a term loan in the amount of US$395 million and a revolving credit facility in the amount of US$85 million for ViaWest, Inc., Shaw's wholly-owned provider of colocation, cloud, and managed services in North America. The facilities were used to repay the outstanding debt under ViaWest's prior credit facility and for ViaWest's general corporate purposes. The term loan matures in March 2022 and the revolving credit facility matures in March 2020.

About Shaw Communications Inc.

Shaw Communications Inc. is a diversified communications and media company, serving 3.2 million customers through a reliable and extensive fibre network. Shaw serves consumers with broadband Internet, WiFi, Digital Phone and Video products and services. Shaw Business Network Services provides business customers Internet, data, WiFi, telephony, Video and fleet tracking services. Shaw Business Infrastructure Services offers North American enterprises colocation, cloud and managed services through ViaWest. Shaw Media provides Canadians with engaging programming content through one of Canada's largest conventional television networks, Global Television, and 19 specialty networks including HGTV Canada, Food Network Canada, HISTORY® and Showcase. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (TSX:SJR.B)(NYSE:SJR). For more information, please visit www.shaw.ca.

About ViaWest, Inc.

ViaWest is a leading provider of colocation, private and public clouds and managed services in North America. Enabling businesses to leverage both their existing IT infrastructure and emerging cloud resources, ViaWest delivers the right balance of cost, scalability and security. With a team-based account management approach and 100% uptime commitment, ViaWest offers tailored solutions designed for maximum reliability and flexibility. For additional information on ViaWest, please visit www.viawest.com.

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