Moody's Ratings (Moody's) has affirmed R.R. Donnelley & Sons Company's (RRD) B3 corporate family rating (CFR) and the B3-PD probability of default rating. We have also affirmed the rating on the senior secured notes at B1 and the ratings on the senior unsecured notes and junior lien senior secured n...
Moody's Ratings (Moody's) has upgraded R.R. Donnelley & Sons Company's (RRD) ratings for the proposed senior secured notes to B1 from B2. The upgrade reflects the changes in the proposed debt amounts and the addition of the junior lien notes in the debt structure. At the same time, we have assigned ...
Moody's Ratings (Moody's) has confirmed R.R. Donnelley & Sons Company's ("RRD") B3 corporate family rating (CFR), B3-PD probability of default rating, and Caa1 senior unsecured ratings, with a stable outlook. The existing B1 rating on the backed senior secured bank credit facility and B3 rating on t...
Moody's Ratings (Moody's) placed R.R. Donnelley & Sons Company's ("RRD") B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), B1 backed senior secured first lien term loan rating, B3 senior secured notes rating and Caa1 senior unsecured notes and debentures ratings on review ...
Moody's Investors Service ("Moody's") assigned a B3 rating to R.R. Donnelley & Sons Company's ("RRD") proposed $250 million secured junior lien notes due in 2028. Moody's also affirmed the company's B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), B1 senior secured term l...
Moody's Investors Service ("Moody's") assigned a B1 rating to R.R. Donnelley & Sons Company's ("RRD") $1.25 billion senior secured term loan B due in 2028. The company's B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), B1 senior secured notes rating, Caa1 senior unsecured...
CHICAGO--(BUSINESS WIRE)-- Chatham Asset Management, LLC (“Chatham”), a leading private investment firm, and R.R. Donnelley & Sons Company (“RRD” or the “Company”) today announced that they have completed a transaction in which affiliates of Chatham have acquired RRD for $10.85 per share in cash. The acquisition was previously announced on December 14, 2021, and RRD stockholders approved the transaction at the Special Meeting of Stockholders held on February 23, 2022. With the completion of the transaction, RRD expects its common stock will cease trading on the New York Stock Exchange before ...
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (NYSE: RRD) (“RRD” or the “Company”) today announced the expiration of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of its 6.625% Debentures due 2029 (the “Debentures”) to adopt certain proposed amendments to the reporting covenant of the indenture governing the Debentures (the “Proposed Amendments”). The Consent Solicitation expired at 5:00 p.m., New York City time, on February 23, 2022 (the “Expiration Date”). The Consent Solicitation is subject to the terms and conditions set forth in the...
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (“RRD” or the “Company”) (NYSE: RRD) today held its virtual special meeting of stockholders (the “Special Meeting”) to consider two proposals relating to the previously announced Agreement and Plan of Merger, dated as of December 14, 2021, by and among Chatham Delta Parent, Inc. (“Parent”), Chatham Delta Acquisition Sub, Inc. (“Acquisition Sub”) and RRD (the “Merger Agreement”). Pursuant to the terms of the Merger Agreement, Acquisition Sub will merge with and into RRD (the “Merger”), with RRD surviving the Merger as a direct or indirect...
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (NYSE: RRD) (“RRD” or the “Company”) today reported financial results for the fourth quarter and full year of 2021. Full Year Key Messages GAAP net sales, including the impact of foreign exchange and a disposition in early 2020, increased $197 million or 4.1%; Non-GAAP organic net sales increased 3.2% primarily from higher demand for many of the Company’s products and services GAAP income from operations was up $55 million versus the prior year Non-GAAP income from operations for the year improved $17 million despite headwinds in ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.