FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF JANUARY 2003
SUN MEDIA CORPORATION
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(Name of Registrant)
333 King Street East, Toronto, Canada M5A 3X5
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(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.]
Form 20-F X Form 40-F
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[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g 3-2(b) under the Securities Exchange Act of
1934.]
Yes No X
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[If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g 3-2(b): 82-____________.]
Press release
SUN MEDIA CORPORATION
Filed in this Form 6-K
Documents index
1. Press release dated January 16, 2003 (Sun Media Corporation).
Page 2 of 4
[LOGO OMITTED]
PRESS RELEASE
SUN MEDIA CORPORATION ANNOUNCES PLAN TO OFFER US$200 MILLION OF
SENIOR NOTES AND ENTER INTO NEW BANK CREDIT FACILITIES OF C$385 MILLION
Toronto, January 16, 2003 - Sun Media Corporation announced today that it plans
to privately offer approximately US$200 million aggregate principal amount of
Senior Notes. The offering is expected to be concurrent with, and is conditioned
on, entering into new bank credit facilities of approximately C$385 million. The
proceeds from the sale of the Senior Notes and the new bank credit facilities
will be used to repay in full Sun Media's borrowings under its existing bank
credit facilities, redeem its two series of senior subordinated notes currently
outstanding and pay a dividend of approximately C$220 million to its parent
Quebecor Media Inc. (of which C$150 million will ultimately be used to reduce
Videotron ltee's long-term debt). The Senior Notes have not been, and will not
be, registered under the Securities Act of 1933 and may not be offered or sold
in the United States absent registration or an applicable exemption from
registration requirements.
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Information:
Claude Helie Luc Lavoie
Executive Vice President Executive Vice President,
And Chief Financial Officer Corporate Affairs
Quebecor Inc. Quebecor Inc.
Office: (514) 380-1948 Office: (514) 380-1974
Portable: (514) 236-8742
lavoie.luc@quebecor.com
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SIGNATURE
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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.
SUN MEDIA CORPORATION
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(Signed) Claudine Tremblay
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By: Claudine Tremblay
Corporate Secretary
Date: January 16, 2003
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