R.R. Donnelley announced the expiration of its previously announced offers to exchange up to $300 million aggregate principal amount.
Approximately $225 million principal amount of new notes would be issued upon closing of the exchange offers.
The Exchange Offers are being made subject to the conditions set forth in its prospectus and consent solicitation statement.
Currently, RRD Marketing Solutions serves more than 85% of the Fortune 500 and more than 70% of the Fortune 1000.
QuickLetter by RRD is a solution that accelerates turnaround times for mailings while ensuring accuracy and reducing costs.
RRD has released its Q4 and FY19 financial results, revealing that its cumulative debt reduction totals $569 million since 2016.
The new solution blends RRD’s deep expertise in shopper experience research, data analytics, in-store strategy and retail activations.
The stockholder rights plan prevents one single company or group from holding 10% or more of the company’s common stock, as of Sept. 9.
RR Donnelley’s report provides financial highlights from Q2 and highlights that gross debt was down $134M from the previous year.