Quebecor World Case Jan08

Quebecor World has filed for ban

kruptcy protection…

let’s see how CreditRiskMonitor tr

acked this trend!

CreditRiskMonitor(845) 230-3000

[email protected]_case_Jan08 Copyright 2008 CreditRiskMonitor, Inc.

The FRISK2 score moved to a risky “4” in

November 2007… time for action!

The Altman Z’’ was a signaling

trouble back in 2005…


[email protected]

Want an

automatic alert

when this is

happening?

Try our Credit

Limit Service.

A

B

A B C

C

Financial

reports are

filed periodically,

but the

FRISK2 is

daily

QuebecorWorld_case_Jan08

… plus, look at the news alerts you would have seen…

And… Bankrupt… were you

part of a pre-negotiation?

“Could breach covenants,

face insolvency”


[email protected]

Downgrades

& low ratings Delisting

review

“Withdraws

Refinancing

Plan”

“Suspends

preferred

dividend”

“Will not

proceed

with sale

of assets”

QuebecorWorld_case_Jan08

… need more depth? Look at the Leverage Ratios:

growing debt, shrinking equity, more and more negative

tangible net worth, rocketing liabilities-to-equity ratio…


[email protected]_case_Jan08

Documents

Quebecor World Case Jan08