Canwest Refinances Canwest Media Inc.’s Senior Credit Facility

[This is the big news today, here in Canada][link]. CanWest is THE media conglomerate here, and they’ve been missing payment deadlines for months.

[link]: http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090520005778&newsLang=en “Canwest Refinances Canwest Media Inc.’s Senior Credit Facility”