TORONTO, Feb. 17, 2023 /CNW/ – Corus Leisure Inc. (“Corus” or the “Firm“) (TSX: CJR.B) introduced right this moment that it has accomplished an settlement to amend (the “Modification”) its Sixth Amended and Restated Credit score Settlement with its financial institution group, led by RBC Capital Markets and TD Securities, dated March 18, 2022 (the “Credit score Facility”). Pursuant to the Modification, the utmost Complete Debt to Money Movement Ratio required below the monetary covenants is elevated by and together with November 30, 2023. The Modification additionally features a monetary covenant which, within the occasion that the Complete Debt to Money Movement Ratio exceeds a sure stage, could limit Distributions. All phrases are outlined within the Credit score Facility.

A replica of the Modification to the Credit score Facility will likely be filed below the Firm’s profile on SEDAR at

About Corus Leisure Inc.

Corus Leisure Inc. (TSX: CJR.B) is a number one media and content material firm that develops and delivers prime quality manufacturers and content material throughout platforms for audiences all over the world. Partaking audiences since 1999, the corporate’s portfolio of multimedia choices embody 33 specialty tv companies, 39 radio stations, 15 standard tv stations, digital and streaming companies, animation software program, expertise and media companies. Corus is an internationally-renowned content material creator and distributor by Nelvana, a world class animation studio skilled in all codecs and Corus Studios, a globally acknowledged producer of hit scripted and unscripted content material. The corporate additionally owns full-service social digital company so.da, way of life leisure firm Kin Canada, main 2D animation software program provider Toon Increase and kids’s e-book publishing home, Children Can Press. Corus’ roster of premium manufacturers consists of International Tv, W Community, HGTV Canada, Meals Community Canada, Magnolia Community Canada, The HISTORY® Channel, Showcase, Grownup Swim, Nationwide Geographic, Disney Channel Canada, YTV, International Information,, Q107, Nation 105, and CFOX, together with streaming platforms STACKTV, TELETOON+, the International TV App and Curiouscast. Corus is the home promoting consultant and an unique content material companion for Pluto TV, a Paramount Firm, which is the main free ad-supported streaming tv (FAST) service. For extra data go to

SOURCE Corus Leisure Inc.


For additional data: Investor inquiries: Heidi Kucher, Director, Investor Relations, Corus Leisure Inc., [email protected]; Media inquiries: Melissa Eckersley, Director, Company Communications, Corus Leisure Inc., [email protected]