SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of April, 2015
Commission File Number: 333-174780
POSTMEDIA NETWORK CANADA CORP.
(Translation of registrant’s name into English)
365 Bloor Street East, 12th Floor, Toronto, Ontario Canada M4W 3L4
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ⊠ Form 40-F ⃞
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):___
Item 2.01 Completion of Acquisition or Disposition of Assets
On April 13, 2015, Postmedia Network Canada Corp. (the “registrant” or the “Company”) today announced the closing of the Company’s previously announced agreement to acquire Sun Media Corporation’s (“Sun Media”) English language newspapers and specialty publications, as well as digital properties, from Quebecor Media Inc. (the “Sun Media Acquisition”).
In connection with the closing of the Sun Media Acquisition, the Company has issued 240,972,226 variable voting shares in exchange for equity subscription receipts issued in connection with the previously announced rights offering (the “Rights Offering”), for aggregate proceeds of $173.5 million. In addition, the Company has issued $140 million of its 8.25% Senior Secured Notes due 2017 (the “Notes”) in exchange for debt subscription receipts issued in October, 2014 in contemplation of the transaction. The net proceeds from the issuance of the Notes and from the Rights Offering, together with the net proceeds related to the sale of the Montreal Gazette production facility and corporate cash, were used by the Company to finance the Sun Media Acquisition.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The document listed below as Exhibit 99.1 is being furnished, not filed, with this report on Form 6-K and will not be incorporated by reference into any registration statement filed by the registrant under the Securities Act of 1933, as amended.
Exhibit No. | Exhibit |
| 99.1 | Press release dated April 13, 2015. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | Postmedia Network Canada Corp. |
| | | |
| | By: | /s/ Douglas Lamb |
| | | Douglas Lamb |
| | | Chief Financial Officer |
Date: | April 13, 2015 | | |
EXHIBIT INDEX
Exhibit No. | Exhibit |
| 99.1 | Press release dated April 13, 2015. |
