OTTAWA - Capital Sports Holdings Inc., the parent company of the Ottawa Senators Hockey Club ( @Senators ), today announced that it has completed a $135 Million financing of a six-year senior term debt with a syndicate of financial institutions.

The use of proceeds is to pursue growth, serve general corporate purposes and to replace existing debt.

About Capital Sports Holdings Incorporated

Capital Sports Holdings Incorporated is the sole owner of the Ottawa Senators Hockey Club and Canadian Tire Centre. The Ottawa Senators are a member club of the 31-team National Hockey League and its arena, Canadian Tire Centre, is located in Kanata, Ontario.

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