Business Management - Finance/Financial
Approximately $225 million principal amount of new notes would be issued upon closing of the exchange offers.
In order to secure the needed components for the production of solvent-based inks and coatings, Sun Chemical has increased prices.
The economic lockdown is easing. Businesses are reopening. This is what can be expected when the economy begins its recovery.
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Heidelberg has rolled out a comprehensive package of measures to offset the decrease in sales due to the COVID-19 pandemic.
The Exchange Offers are being made subject to the conditions set forth in its prospectus and consent solicitation statement.
Although Deluxe delivered a solid performance earlier in the year, the COVID-19 pandemic began to negatively affect revenue in March.
President and CEO Claus Bolza-Schünemann says, “The economic consequences of the corona crisis pose major challenges for our group.”
The company reported net sales of $701 million compared to $845 million in the first quarter of 2019.