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BRIEF-Quebecor - Publicly Clarifying Its Desire And Determination To Help "Save" Cirque Du Soleil

Published 2020-05-04, 08:04 p/m
Updated 2020-05-04, 08:06 p/m

May 4 (Reuters) - Quebecor Inc QBRb.TO :

* QUEBECOR - PUBLICLY CLARIFYING ITS DESIRE AND DETERMINATION TO HELP "SAVE" CIRQUE DU SOLEIL

* QUEBECOR SAYS WANTS TO SECURE FUTURE OF CIRQUE DU SOLEIL'S ACTIVITIES IN MONTRÉAL AND IN QUÉBEC

* QUEBECOR - WOULD CONSIDER EXTENDING SHORT-TERM FINANCING OF TENS OF MILLIONS OF DOLLARS TO COVER PAYROLL OF CIRQUE DU SOLEIL & MEET OBLIGATIONS

* QUEBECOR - IN PHASE TWO, WOULD BE PREPARED TO INJECT SEVERAL HUNDRED MILLION DOLLARS TO ENABLE CIRQUE TO RESUME ITS ACTIVITIES, ENSURE ITS SUSTAINABILITY

* QUEBECOR INC - IS WELL CAPITALIZED AND HAS SUBSTANTIAL FINANCIAL RESOURCES REQUIRED FOR REVIVAL OF CIRQUE

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