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Published on 5/15/2008 in the Prospect News Distressed Debt Daily.

Quebecor World renews $60 million agreement with Bauer

New York, May 15 - Quebecor World Inc. said it signed a new multi-year agreement with Bauer Publishing.

Under the deal, valued at approximately $60 million, Quebecor World will print Woman's World, First for Women, In Touch Weekly, Life & Style, J-14 and Life Story. The six magazine titles make up more than 250 million printed copies a year.

Quebecor, a Montreal-based printing and marketing company, filed for Chapter 11 bankruptcy on Jan. 21 in the U.S. Bankruptcy Court for the Southern District of New York and filed for protection under the Companies' Creditors Arrangement Act in Canada. Its Chapter 11 case number is 08-10152.


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