logo
Share SHARE
FONT-SIZE Plus   Neg

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

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A remarkable increase in smartphone adoption has more Americans depending on their mobile devices to access the internet. The last moments of the doomed Germanwings plane, that was deliberately hit to the Alps, was recorded in a mobile phone, German newspaper Bild and French Magazine Paris Match reported. The video is presumed to be taken from the cabin, using a mobile device. The investigators recovered the memory card from the crash site, though the mobile was destroyed completely. However, there is no official con US Steel Corp. (X) Tuesday said it will "adjust operations" and temporarily idle a part of its Minntac plant in Mt. Iron, Minnesota, effective June 1. According to reports, the move would see about 700 employees laid off. The company said the decision was due to its current inventory levels and ongoing...
comments powered by Disqus
Follow RTT