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QUEBECOR -- NEW ISSUE OF $54,600,000; FILING OF A PRELIMINARY SHORT FORM PROSPECTUS; ISSUE OF 2,100,000 UNITS AT THE PRICE OF $26.00 PER UNIT

QUEBECOR -- NEW ISSUE OF $54,600,000; FILING OF A PRELIMINARY SHORT FORM

PROSPECTUS; ISSUE OF 2,100,000 UNITS AT THE PRICE OF $26.00 PER UNIT
 MONTREAL, Jan. 20 /PRNewswire/ -- Quebecor Inc. (AMEX: PQB) today announced that it has filed a Preliminary Short Form Prospectus, dated Jan. 20, 1992, with the Commission des valeurs mobilires du Qubec in respect of an issue of 2,100,000 units at the price of $26.00 per unit, each unit consisting of one Class B Subordinate Voting Share and one- half Class B Subordinate Voting Share Warrant. This Preliminary Short Form Prospectus will be filed with similar regulatory authorities in Canada on Jan. 21, 1992.
 Quebecor Inc. has entered into an underwriting agreement with BBN James Capel Inc., which will act as underwriter in connection with this issue.
 Quebecor Inc., a continent wide communications company, is active in the publishing sector with 4 dailies, 50 weeklies, 6 monthlies, 11 magazines and numerous specials as well as books. It is also involved in publications and records distribution and retail. With its 56 printing and specialized plants, the company is the second largest commercial printer in North America. Through its subsidiary Mircor Inc., its activities also comprise forest products.
 -0- 1/20/92
 /CONTACT: Francois R. Roy, vice president, finance and treasurer of Quebecor, 514-877-9777/
 (PQB) CO: Quebecor Inc. ST: Quebec IN: PUB SU: OFR FC -- NY059 -- 1568 01/20/92 17:47 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 20, 1992
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