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RR Donnelley Announces $500 Million Debt Offering

May 16, 2011
CHICAGO—May 16, 2011—R.R. Donnelley & Sons announced that it plans to offer $500 million of senior notes due 2018 in an underwritten public offering. The company intends to use all or a portion of the net proceeds from the offering of the notes to fund a tender offer for any and all of its outstanding 11.25 percent notes due 2019 based on a market premium to be determined and a partial tender offer for certain of its other outstanding notes and debentures based on prices to be determined. The completion of each such tender offer will be subject to customary closing conditions.

The notes are being offered pursuant to the company’s existing shelf-registration statement, which became automatically effective upon filing with the Securities and Exchange Commission. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the Securities and Exchange Commission.

BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC will act as the joint book-running managers for the offering. When available, copies of the preliminary prospectus supplement and the accompanying prospectus for the offering may be obtained from: BofA Merrill Lynch toll-free at (800) 294-1322, Citigroup Global Markets Inc. toll-free at (877) 858-5407 or J.P. Morgan Securities LLC collect at (212) 834-4533.

This announcement does not constitute an offer to purchase or a solicitation of an offer to sell securities, nor shall there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of such jurisdiction. The tender offers, if made, will be made solely by means of an Offer to Purchase and a related Letter of Transmittal.

About RR Donnelley
RR Donnelley (Nasdaq:RRD) is a global provider of integrated communications. Founded more than 146 years ago, the company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, enhance return on investment and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing products and services to leading clients in virtually every private and public sector.

For more information, and for RR Donnelley’s Corporate Social Responsibility Report, visit www.rrdonnelley.com.

Source: R.R. Donnelley & Sons.
 

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