• Most Popular
  • Most Shared

Quebecor World extends rescue financing deadline

Wed Jan 16, 2008 8:57pm EST

NEW YORK, Jan 16 (Reuters) - Quebecor World Inc IQW.TO on Wednesday extended the deadline for satisfying conditions on a C$400 million rescue financing agreement with Quebecor Inc and Tricap Partners Ltd.

Stocks  |  Bonds

Quebecor World's new deadline is January 20 instead of Wednesday, January 16.

The company said it continues to work on the plan with Quebecor Inc and Tricap, and "believes that the satisfaction of the conditions of such initiative would be in the best interests of the company and all its stakeholders." (Editing by Richard Chang)



More from Reuters

 Demonstrator holds a signboard with a slogan "Bla bla bla ACT NOW" during a rally outside the UN Climate Change Conference in Copenhagen December 12, 2009. REUTERS/Christian Charisius

"Polluters are given rights to continue their dirty habits"

A climate change scientist blasts proposals for a cap and trade system, arguing it allows dirty industries to continue polluting, instead of rewarding innovation.  Full Article | Full Coverage 

    People walk by a Bank of America branch in New York. REUTERS/Lucas Jackson

    The search is on -- again

    Bank of America has less than two weeks left before Chief Executive Ken Lewis steps down. With the top candidate out of the picture, here's a look at what might happen next.  Full Article 

    Indian woman mourns death of her relative killed in tsunami in Cuddalore. When an earthquake of magnitude 9.15 struck off Indonesia's Aceh province on December, 26, 2004, it triggered a huge tsuanmi that raced across the Indian Ocean and hit Indonesia, Thailand, Sri Lanka and India. The worst natural disaster of the decade left 230,000 people dead or missing. Taken on December 28, 2004 by Arko Datta

    Pictures that defined a decade

    A woman's grief amid the tsunami devastation and one woman's fight against police in the Amazon are among the indelible Reuters images of the last 10 years.  Slideshow