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Corus Continues to Negotiate With Banks to Update Credit Facility Amendment
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Corus Continues to Negotiate With Banks to Update Credit Facility Amendment
Oct 17, 2024 1:21 PM

06:52 AM EDT, 10/16/2024 (MT Newswires) -- Corus (CJR-B.TO) late on Tuesday said it is continuing to negotiate with RBC Capital Markets, TD Securities and other members of the bank group as the company seeks an amendment to its credit agreement so as to strengthen its balance sheet and manage liabilities.

The company expects to provide further updates regarding any changes to the terms of the credit facility when it reports fourth-quarter and year-end financial results on Oct. 25.

Corus continues to have access to the credit facility.

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