Can. Printer Extends Securitization Program A Year

Transcontinental, the Canadian printing giant, has announced an extension of its C$300 million ($237.9 million) securitization for an additional year. The eight-year-old program will now mature in August 2010. According to Benoit Huard, v.p. and cfo, the announcement is another step the company’s 2009 financing plan, which includes ...