Quebecor World Obtains Court Order for Creditor Protection
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Montreal, Canada- Quebecor World Inc. (TSX: IQW, NYSE: IQW) Further to a news release issued this morning and the completion of subsequent proceedings before the Quebec Superior Court, Quebecor World Inc. announced that it has obtained an Order for creditor protection under the Companies' Creditors Arrangement Act.
Under the terms of the Order, Ernst & Young Inc. will serve as the Court-appointed Monitor under the CCAA process and will assist the Company in formulating its restructuring plan.
About Quebecor World
Quebecor World Inc. (TSX: IQW, NYSE: IQW) is a world leader in providing high-value, complete marketing and advertising solutions to leading retailers, catalogers, branded-goods companies and other businesses with marketing and advertising activities, as well as complete, full-service print solutions for publishers. The Company is a market leader in most of its major product categories, which include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics, mail list technologies and other value-added services. Quebecor World has approximately 28,000 employees working in more than 115 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.
Web address: quebecorworld.com
For further information contact:
Tony Ross
Vice President, Communications
Quebecor World Inc.
514-877-5317
800-567-7070
Roland Ribotti
Vice President, Investor Relations
and Assistant Treasurer
Quebecor World Inc.
514-877-5143
800-567-7070
