Quebecor Media Inc. Announces Final Results of its Tender Offer

Quebecor Media Inc. (“Quebecor Media”) today announced that, in connection with its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its 7¾% Senior Notes due March 15, 2016 (CUSIP 74819RAK2) (the “Notes”)which expired at 12:01 a.m., New York City time, on April 24, 2014(such date and time, the “Expiration Date”), the tender offer and information agent for the Notes under the Tender Offer has advised Quebecor Media that, between April 8, 2014 (the “Early Participation Date”) and the Expiration Date, no additional principal amount of the Notes has been validly tendered pursuant to the Tender Offer.

 

Based on the foregoing, approximately US$290,905,000aggregate principal amount of Notes had not been tendered as of the Expiration Date.

 

As announced on March 26, 2014, Quebecor Media intends to redeem, on April 25, 2014, all of its Notes outstanding on April 25, 2014 at a price equal to 100.000% of such Notes, plus accrued and unpaid interest pursuant to the terms of the indenture governing the Notes.

 

This announcement does not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell securities in any jurisdiction, or in any circumstances in which such offer or solicitation is unlawful.In those jurisdictions where the securities laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer was deemed to be made by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction. The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws.

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