Moody's rates Videotron notes Ba1

Moody's Investors Service said it assigned a Ba1 rating to Videotron Ltee's proposed C$500 million senior notes due in 2031.

Videotron is a wholly owned operating subsidiary of Quebecor Media, Inc.

The Ba1 ratings on Videotron's existing senior notes as well as Quebecor Media’s Ba1 corporate family rating, Ba1-PD probability of default rating, Ba2 ratings on its senior unsecured notes, SGL-1 speculative grade liquidity rating, and the positive outlooks on Quebecor Media and Videotron remain unchanged.

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