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DHX Media Announces Intention to Issue Additional Senior Unsecured Notes
DHX Media Announces Intention to Issue Additional Senior Unsecured Notes DHX Media...
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[{"type":"text","content":"\n\n\n\nDHX Media Announces Intention to Issue Additional Senior Unsecured Notes\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nDHX Media Announces Intention to Issue Additional Senior Unsecured Notes\nCanada NewsWire\nHALIFAX, May 10, 2016\n\n\n\nHALIFAX, May 10, 2016 /CNW/ - DHX Media Ltd. (\"DHX\" or the \"Company\") (NASDAQ: DHXM; TSX: DHX.A, DHX.B), the world's leading independent, pure-play kids' content company, announced today that it intends to issue additional 5.875% senior unsecured notes due December 2, 2021 (the \"Notes\"). \n\nThe Notes will be offered on a private placement in Canada under available prospectus exemptions. The Notes will also be offered in the United States to qualified institutional buyers under Rule 144A under the United States Securities Act of 1933, as amended (the \"Securities Act\"), and outside the United States to non U.S. persons as defined in and in accordance with Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.\n\nThe precise timing, size and terms of the offering (the \"Offering\") are subject to market conditions and other factors.  DHX intends to use the net proceeds from the Offering, after deducting underwriting fees and estimated offering expenses, to repay indebtedness under its existing senior secured credit facilities.\n\nThis news release does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Toronto Stock Exchange has neither approved nor disapproved the form or content of this press release.\n\nAbout DHX Media Ltd.DHX Media Ltd. (www.dhxmedia.com) is the world's leading independent, pure-play kids' content company. Owner of the world's largest independent library of kids' and family cont...