SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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 August 2007
Commission
File Number 1-14858
CGI
Group Inc.
(Translation
of Registrant’s Name Into English)
1130
Sherbrooke Street West
7th
Floor
Montréal,
Québec
Canada H3A
2M8
(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 ü
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): ____
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form
6-K
if submitted solely to provide an attached annual report to security
holders.
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): ____
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form
6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant's "home country"), or under the rules of the home country exchange
on
which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
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 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No ü
If
“Yes” is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-___.
Enclosure:
Press release dated August 13, 2007.
This
Form 6-K shall be deemed incorporated by reference in the Registrant’s
Registration Statement on Form S-8, Reg. Nos. 333-13350, 333-66044, 333-74932
and 333-112021.
CGI
RAISES CREDIT FACILITY TO $1.5 BILLION
Montreal,
Quebec, August 13, 2007 - CGI Group Inc. (TSX: GIB.A; NYSE:
GIB) announced today that it has successfully increased its credit facility
to
$1.5 billion from the current $1.0 billion level. The expanded facility
also includes an accordion feature of $250 million, bringing the facility’s
potential capacity to $1.75 billion.
The
facility is in the form of a five-year revolver and can be extended annually.
The bank syndicate comprises 20 financial institutions located in Canada,
the
United States, Europe and Asia.
“I’m
pleased that this global network of banks continues to demonstrate such a
high
degree of confidence in our ability to execute our build and buy strategy,” said
Michael E. Roach, President and Chief Executive Officer. “We were more
than able to raise the desired amount of financing, in fact the offering
was
oversubscribed. This is a significant achievement given the recent
volatility of the markets.”
The
bank
syndicate expanded from 17 to 20 financial institutions, and is being led
by
National Bank of Canada, JPMorgan Chase Bank, N.A. and Caisse centrale
Desjardins. The other participants include: Canadian Imperial Bank of
Commerce, The Toronto-Dominion Bank, Bank of America, N.A., Caisse de dépôt et
placement du Québec, KeyBank National Association, Bank of Montreal, Royal Bank
of Canada, ABN AMRO Bank N.V., Wachovia Bank, National Association, United
Overseas Bank Limited, Citibank N.A., Bank of Tokyo-Mitsubishi UFJ (Canada),
Société Générale, Sumitomo Mitsui Banking Corporation of Canada, Comerica Bank,
BNP Paribas and Deutsche Bank AG.
“Our
ability to negotiate a larger credit facility on more favorable terms and
conditions, and with such a large array of partners globally, demonstrates
both
the international reach of CGI and the confidence that the market has in
our
plans for profitable growth. This new credit facility will allow us
to accelerate organic growth, generating large outsourcing and systems
integration contracts, while continuing to look at acquisitions that meet
our
criteria of being accretive in the first year,” concluded Roach.
About
CGI
Founded
in 1976, CGI Group Inc. is one of the largest independent information technology
and business process services firms in the world. CGI and its affiliated
companies employ approximately 25,500 professionals. CGI provides
end-to-end IT and business process services to clients worldwide from offices
in
Canada, the United States, Europe, Asia Pacific as well as from
centers of excellence in North America, Europe and India. CGI's annual
revenue run rate stands at
$3.7 billion
(US$3.5 billion) and at June 30th, 2007,
CGI's
order backlog was $12.4 billion (US$11.6 billion). CGI shares are
listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX
Composite Index as well as the S&P/TSX Capped Information Technology and
MidCap Indices. Website: www.cgi.com.
Forward-Looking
Statements
All
statements in this press release that do not directly and exclusively relate
to
historical facts constitute “forward-looking statements” within the meaning of
that term in Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange Act of
1934,
as amended, and are “forward-looking information” within the meaning of sections
138.3 and following of the Ontario Securities Act, as amended. These statements
and this information represent CGI Group Inc.’s (“CGI”) intentions, plans,
expectations and beliefs, and are subject to risks, uncertainties and other
factors, of which many are beyond the control of the Company. These factors
could cause actual results to differ materially from such forward-looking
statements or forward-looking information. These factors include and are
not
restricted to the timing and size of new contracts, acquisitions and other
corporate developments; the ability to attract and retain qualified members;
market competition in the rapidly-evolving information technology industry;
general economic and business conditions, foreign exchange and other risks
identified in the Management’s Discussion and Analysis (“MD&A”) in CGI’s
Annual Report or Form 40-F filed with the U.S. Securities and Exchange
Commission (filed on EDGAR at www.sec.gov),
and in CGI’s annual and quarterly MD&A and Annual Information Form filed
with the Canadian securities authorities (filed on SEDAR at www.sedar.com),
as well as assumptions regarding the foregoing. The words “believe,” “estimate,”
“expect,” “intend,” “anticipate,” “foresee,” “plan,” and similar expressions and
variations thereof, identify certain of such forward-looking statements or
forward-looking information, which speak only as of the date on which they
are
made. In particular, statements relating to future performance are
forward-looking statements and forward-looking information. CGI disclaims
any
intention or obligation to publicly update or revise any forward-looking
statements or forward-looking information, whether as a result of new
information, future events or otherwise. Readers are cautioned not to
place undue reliance on these forward-looking statements or on this
forward-looking information.
-30-
For
more information:
Lorne
Gorber
Vice-President,
Global Communications and
Investor
Relations
514-841-3355