Saturday, November 17, 2007

Quebecor World stock down 41% in a week, facing refinancing challenge

Quebecor World, the printing core of Quebecor Inc., which is Quebec's largest consumer magazine publisher, has had a heckuva week, or a heckuva month to think of it.It announced it would sell a total of $778 million worth of additional shares and debt securities to investors and to its controlling shareholder, Quebecor Inc. , in a refinancing of its debt and credit facilities. On Tuesday it said

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