page hit counter Quebecor urges lenders to discount Corus debt amid possible takeover: report – CNNNEWS.NEWS

Quebecor urges lenders to discount Corus debt amid possible takeover: report

Quebecor urges lenders to discount Corus debt amid possible takeover: report

MobileSyrup Quebecor is reportedly urging lenders to write off 60 percent or more of Corus’ $1.05 billion debt as part of the pre-takeover restructuring. The details come via the Globe and Mail, which spoke with two sources “familiar with the transaction” and builds on recent reporting about a potential acquisition…
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