UPFRONT

Quebecor World Redeems Notes

MONTREAL—Quebecor World announced that its wholly owned subsidiary, Quebecor World US, has redeemed all of the 73⁄4 percent senior notes callable on or after Feb. 15, 2004, that were not tendered as part of the tender offer process concluded November 12, 2003, for a total consideration of $33 million. The redemption was funded by a portion of the proceeds from the $600 million of senior notes recently issued by another Quebecor World subsidiary, Quebecor World Capital Corporation.