Quebecor names lead arrangers for $625 to $700 million exit facility

By Jennifer Lanning Drey

Portland, Ore., May 15 - Quebecor World Inc. said it recently engaged Credit Suisse Securities (USA) LLC, GE Capital Markets, Inc. and Wachovia Capital Markets LLC as lead arrangers for its exit financing.

The company estimates its exit financing will be in the range of $625 million to $700 million, according to a news release.

Quebecor World, a Montreal-based printing and marketing company, filed for Chapter 11 bankruptcy on Jan. 21, 2008 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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