Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

R.R. Donnelley Unveils Final Results Of Previously Announced Tender Offers

RELATED NEWS
Trade RRD now with 
3/27/2012 6:40 AM ET

R.R. Donnelley & Sons Co. (RRD: Quote) announced the expiration and final results of its offers to purchase for cash up to $450 million aggregate principal amount of its notes, including up to $350 million of its 4.95% Notes due April 1, 2014 and up to $100 million of its 5.50% Notes due May 15, 2015.

As of the Expiration Date, the aggregate principal amount of 2014 Notes tendered was $341.76 million, of which $340.53 million were tendered prior to 5:00 p.m., New York City time, on March 12, 2012 and were accepted for payment on the early tender settlement date on March 13, 2012.

RR Donnelley announced that it has accepted for payment all of the $1.23 million aggregate principal amount of 2014 Notes that had been validly tendered after the Early Tender Date and prior to the Expiration Date, and expects to make payment on such 2014 Notes on March 27. The holders of such 2014 Notes tendered after the Early Tender Date will not receive an early tender premium.

RR Donnelley also said it would not accept any additional 2015 Notes for purchase. Accordingly, any additional 2015 Notes that were tendered after the Early Tender Date were not considered validly tendered and will be returned.

Click here to receive FREE breaking news email alerts for R.R. Donnelley & Sons Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.