Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  RR Donnelley & Sons Co    RRD

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

R.R. Donnelley & Sons Company : RR Donnelley Closes $450 Million Debt Offering

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/13/2012 | 03:56pm CEST

CHICAGO, March 13, 2012 (GLOBE NEWSWIRE) -- R.R. Donnelley & Sons Company (Nasdaq:RRD) ("RR Donnelley" or the "Company") announced that it has closed an offering of $450 million aggregate principal amount of 8.25% Notes due 2019.

As previously announced, RR Donnelley intends to use the net proceeds from this offering (1) 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 (2) to pay premiums in connection with those tender offers. The completion of each such tender offer will be subject to customary closing conditions. If there are any remaining proceeds, RR Donnelley intends to 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.

BofA Merrill Lynch, J.P. Morgan and Wells Fargo Securities were the joint book-running managers for the offering.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell securities. The tender offers are being made solely by means of the Offer to Purchase and the related Letter of Transmittal, which are being distributed to holders of notes by RR Donnelley. The tender offers are not being made in any jurisdiction in which such offer, solicitation or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the laws require a tender offer to be made by a licensed broker or dealer, the tender offers will be deemed to be made on behalf of RR Donnelley by the dealer managers, or one or more registered brokers or dealers under the laws of such jurisdiction.

About RR Donnelley

RR Donnelley (Nasdaq:RRD) 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, enhance return on investment and ensure 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 products and services to leading 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.

CONTACT: RR Donnelley Investor Contact:

         Dave Gardella

         Senior Vice President

         Finance

         312-326-8155

         david.a.gardella@rrd.com

         RR Donnelley Media Contact:

         Doug Fitzgerald

         Executive Vice President

         Communications

         630-322-6830

         doug.fitzgerald@rrd.com
Source: RR Donnelley

News Provided by Acquire Media

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RR DONNELLEY & SONS CO
07/18 RR DONNELLEY : to Announce Second Quarter Results on August 1st and Host a Confe..
07/14 RR DONNELLEY & SONS CO : Change in Directors or Principal Officers (form 8-K)
07/14 Global Printed Tape Sales Market 2017 Leading Manufacturers - Hewlett, Xerox,..
07/05 RR DONNELLEY & SONS : RRD Awarded an Agreement with Vizient™
06/20 RR DONNELLEY & SONS CO : Other Events (form 8-K)
06/14 RR DONNELLEY & SONS : CORRECTING and REPLACING Donnelley Financial Solutions, In..
06/07 DONNELLEY FINANCIAL SOLUTIONS, INC. : Announces Secondary Common Stock Offering
06/06 RR DONNELLEY & SONS CO : Other Events, Financial Statements and Exhibits (form 8..
06/06 R.R. DONNELLEY & SONS COMPANY : Announces Early Tender Results and Increase of T..
06/01 RR DONNELLEY & SONS : Wolverine Worldwide Partners with Precision Dialogue to Im..
More news
News from SeekingAlpha
2016 Industrial Sector Shows 30 Of 50 Dividend Dogs 'Safe' In August
2016 A Tale Of Two Cities
2016 Top Dogs (And Stocks In The Dog House) - Cramer's Mad Money (8/3/16)
2016 VALUATION DASHBOARD : Industrials - Update
2016 R.R. Donnelley & Sons' (RRD) CEO Thomas Quinlan on Q2 2016 Results - Earnings..
Financials ($)
Sales 2017 6 920 M
EBIT 2017 288 M
Net income 2017 20,6 M
Debt 2017 1 646 M
Yield 2017 5,83%
P/E ratio 2017 45,74
P/E ratio 2018 10,29
EV / Sales 2017 0,36x
EV / Sales 2018 0,35x
Capitalization 865 M
Chart RR DONNELLEY & SONS CO
Duration : Period :
RR Donnelley & Sons Co Technical Analysis Chart | RRD | US2578671016 | 4-Traders
Technical analysis trends RR DONNELLEY & SONS CO
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 21,0 $
Spread / Average Target 70%
EPS Revisions
Managers
NameTitle
Daniel L. Knotts Chief Executive Officer & Director
John Charles Pope Chairman
Terry D. Peterson Chief Financial Officer & Executive Vice President
Kenneth E. O'Brien Chief Information Officer
Susan McManama Gianinno Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
RR DONNELLEY & SONS CO17.39%865
TOPPAN PRINTING CO LTD8.52%7 612
DAI NIPPON PRINTING CO., LTD.9.98%7 390
DELUXE CORPORATION-1.83%3 409
CIMPRESS NV1.58%2 898
SHENZHEN JINJIA GROUP CO LTD--.--%1 791