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Quebecor Offers Update On Restructuring Effort

Quebecor World Inc. has had the date by which the final order approving debtors’ $1 billion debtor-in-possession extended by 30 days last Friday. The company is undergoing chapter 11 reorganization.

Quebecor World Inc. has had the date by which the final order approving debtors’ $1 billion debtor-in-possession extended by 30 days last Friday. The company is undergoing chapter 11 reorganization.

As of March 7, the company had more than $225 million in cash on hand, and another $125 million available under a $750 billion debtor-in-possession financing arrangement.

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