Refinancing at Quarto

The Quarto Group, Inc. has entered into a new four year syndicated bank facility. The Quarto Group has signed a $95m (£62,344,141.40) multicurrency revolving credit and term loan facility with The Royal Bank of Scotland, Bank of America, Santander UK PLC and Fifth Third Bank. The new facility matures on 30th April 2019 and replaces the existing syndicated bank facility, which was due to expire on 30th April 2015. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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Other Publishing stories related to: 'Refinancing at Quarto'

Quarto confirms four UK job cuts

Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
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Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarto reports #trading performance

Quarto to Close Minneapolis Office

Quarto Group said that as part of a companywide cost cutting program, it is shutting its Minneapolis office and closing its Voyageur Press imprint. The Cool Springs and Motorbooks imprints are continuing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarto group

Shareholders vote to increase Quarto's borrowing powers

Shareholders have voted to change Quarto’s by-laws to allow the publisher to borrow more money from the bank. Continue reading at The Bookseller

[ The Bookseller | 2018-08-16 00:00:00 UTC ]
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Quarto proposes by-law change to increase borrowing power

Quarto is convening a special shareholders meeting later this month to propose changes to its by-laws which would allow the company, currently nursing a £47m debt burden, to increase its borrowing. Continue reading at The Bookseller

[ The Bookseller | 2018-07-31 00:00:00 UTC ]
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Orbach departs Quarto board

Quarto co-founder Laurence Orbach has stepped down from its board, in the latest twist to his involvement with the company. Continue reading at The Bookseller

[ The Bookseller | 2018-07-27 00:00:00 UTC ]
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Orbach steps down as Quarto executive chairman

Laurence Orbach has stepped down from his position as executive chairman for Quarto in the latest wave of changes to the company's governance. Continue reading at The Bookseller

[ The Bookseller | 2018-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #executive chairman #latest wave

Bresh resigns as Quarto c.f.o.

Days after Marcus Leaver's resignation as chief executive of illustrated publisher Quarto, the company's chief financial officer Carolyn Bresh has now resigned with immediate effect.  Continue reading at The Bookseller

[ The Bookseller | 2018-06-06 00:00:00 UTC ]
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Leaver Resigns from Quarto

Less than a week after Laurence Orbach returned to the Quarto Group as executive chairman, Marcus Leaver resigned as CEO of the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Leaver resigns as Quarto c.e.o.

Marcus Leaver has resigned as chief executive from the Quarto Group with immediate effect. Continue reading at The Bookseller

[ The Bookseller | 2018-05-25 00:00:00 UTC ]
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'Concerns over debt' motivated Quarto boardroom coup

Quarto’s dramatic boardroom takeover last week was partly motivated by a major shareholder’s concern over the publisher’s debt, The Bookseller has been told. Continue reading at The Bookseller

[ The Bookseller | 2018-05-22 00:00:00 UTC ]
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Shock return for Orbach at Quarto

In a dramatic move, Quarto's founder Laurence Orbach has been re-appointed as executive chairman of the illustrated publisher following a shareholder revolt, six years after he was ousted as chairman and chief executive of the company. The group also appointed fellow shareholder Chuk Kin Lau of... Continue reading at The Bookseller

[ The Bookseller | 2018-05-18 00:00:00 UTC ]
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After Board Coup, Orbach Retakes Reins at Quarto

After being ousted as chairman from the Quarto Group in 2012, Laurence Orbach has engineered a returned to the illustrated book publisher where he is now chairman. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-18 00:00:00 UTC ]
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Quarto's children's sales grow but profits plunge in 'tough year'

The Quarto Group's sales declined marginally by 1.4% to £152.5m last year, however, its operating profits plunged 58% to £7.2m. Continue reading at The Bookseller

[ The Bookseller | 2018-03-30 00:00:00 UTC ]
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Sales, Earnings Drop at Quarto

Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
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Saunders swaps Quarto for S&S UK

Simon & Schuster UK has appointed Fritha Saunders from Quarto UK as its non-fiction editorial director. Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
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Quarto makes five redundant from foreign rights team

Quarto has made five roles redundant from the foreign rights team based in its Brighton office. Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
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David Inman to leave Quarto

David Inman, who manages Quarto's distribution services and international publishing partnerships, is leaving the company at the end of February. Continue reading at The Bookseller

[ The Bookseller | 2018-02-02 00:00:00 UTC ]
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David Inman Steps Down at Quarto Group

After five years as managing director of Quarto Partners, a division of the U.K. illustrated book publisher the Quarto Group, David Inman plans to leave the company at the end of February. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-01 00:00:00 UTC ]
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Quarto achieved 'strong' holiday trading ahead of annual results

Global illustrated publisher Quarto has said it achieved "strong trading" over the second half of the year and holidays, with its children's business "once again showing growth". Continue reading at The Bookseller

[ The Bookseller | 2018-01-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual results #showing growth