Log In | Become a Member | Contact Us

Leading printing executives into the future

Connect on Twitter | Facebook | LinkedIn

Featured:     European Coverage     Production Inkjet Analysis

Quebecor World Announces Plan to Offer $600 Million of Senior Notes

Wednesday, October 29, 2003

Press release from the issuing company

MONTREAL--Oct. 28, 2003-- Quebecor World announced today that its wholly-owned subsidiary, Quebecor World Capital Corporation plans to offer approximately US$600 million aggregate principal amount of its Senior Notes with maturities in five and ten year tranches. The Senior Notes will be unconditionally guaranteed on a senior unsecured basis by Quebecor World Inc. The proceeds from the sale of the Senior Notes will be used to repay outstanding indebtedness including the 8 3/8% Senior Notes due 2008 and the 7 3/4% Senior Notes due 2009 of Quebecor World's wholly-owned subsidiary Quebecor World (USA) Inc. The offering is being made on a private placement basis to qualified institutional buyers in the United States in reliance upon Rule 144A under the U.S. Securities Act of 1933, as amended. The Senior Notes have not been, and will not be, registered under the U.S. Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Senior Notes have not been qualified for sale under the securities laws of any province or territory of Canada and are not being offered for sale in Canada.




Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2016 WhatTheyThink. All Rights Reserved