CHICAGO, Nov. 6, 2013 (GLOBE NEWSWIRE) -- R.R. Donnelley & Sons Company ("RR Donnelley" or the "Company") (Nasdaq: RRD ) announced today that it has priced an offering of $350 million of its 6 ½% Notes due 2023 in an underwritten public offering. The offering is expected to close on November 12, 2013.
RR Donnelley intends to use the net proceeds from the offering for general corporate purposes, which may include repayment of borrowings under the Company's revolving credit facility. Amounts repaid under the revolving credit facility may be reborrowed to finance the cash portion of amounts payable by the Company in connection with the proposed acquisition of Consolidated Graphics, Inc. and for general corporate purposes.
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 prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the Securities and Exchange Commission. BofA Merrill Lynch, J.P. Morgan, Mitsubishi UFJ Securities and Wells Fargo Securities will act as the joint book-running managers for the offering. When available, copies of the prospectus supplement and the accompanying prospectus for the offering may be obtained from: BofA Merrill Lynch toll-free at 1-800-294-1322, J.P. Morgan toll-free at 1-866-803-9204, Mitsubishi UFJ Securities toll-free at 1-877-649-6848 and Wells Fargo Securities toll-free at 1-800-326-5897.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy 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.
About RR Donnelley
RR Donnelley (Nasdaq: RRD ), a Delaware corporation, is a global provider of integrated communications. The Company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, drive top line growth, enhance return on investment and increase 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 services to clients in virtually every private and public sector.
For more information, and for RR Donnelley's Corporate Social Responsibility Report, visit the company's web site at www.rrdonnelley.com .
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements.
RR Donnelley Investor Contact: Dave Gardella Senior Vice President Investor Relations 312-326-8155 RR Donnelley Media Contact: Phyllis Burgee Director, Communications 630-322-6093
