Corus Entertainment Secures Court Approval For $363 Million Debt-For-Equity Restructuring Plan

  • Thread starter Thread starter Etan Vlessing
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Etan Vlessing

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A fall in linear TV advertising and hefty borrowings led the major Canadian buyer of U.S. series like 'Survivor' and 'NCIS' to launch a recapitalization transaction to cut annual interest charges via a new parent, NewCo.

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