RRD Invests in Solicore; plans $500M Debt Offering
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Meanwhile, Bloomberg News reported that Moody’s Investors Service, Standard & Poor’s and Fitch Ratings all cut the Donnelley's debt grade to junk. Credit-default swaps on the printer went up 7.8 basis points to a mid-price of 312.8 basis points, Bloomberg reported, citing data compiled by CMA.
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- RR Donnelley
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