R.R. Donnelley & Sons Co. (RRD) said it has priced an offering of $450 million of its 8.250% notes due 2019 in an underwritten public offering. The company plans to use the net proceeds from the offering to partially fund tender offers for up to $450 million aggregate principal amount of its debt securities, including up to $350 million aggregate principal amount of its 4.95% notes due 2014 and up to $100 million aggregate principal amount of its 5.50% Notes due 2015 and to pay premiums related to those tender offers.
If any remaining proceeds are available, RR Donnelley would use those proceeds to repay borrowings under its revolving credit facility. Amounts repaid under its revolving credit facility may be reborrowed for general corporate purposes, including the repayment or redemption of other indebtedness. The offering may close on March 13, 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.