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R.R. Donnelley & Sons

Chicago, Illinois, USA, 01 June 2011 -- (GLOBE NEWSWIRE) -- R.R. Donnelley & Sons Company (Nasdaq:RRD) has closed an offering of USD 600 million aggregate principal amount of 7.25% notes due 2018.

As previously announced, R.R. Donnelley intends to use the net proceeds from this offering to fund tender offers for up to USD 500.0 million aggregate principal amount of its notes including a tender offer for any and all of its 11.25% notes due 01 February 2019, and maximum tender offers for its 6.125% notes due 15 January 2017, and 5.50% notes due 15 May 2015, and to pay premiums in connection with those tender offers. R.R. Donnelley intends to use any remaining proceeds to repay borrowings under its revolving credit facility. Amounts repaid under R.R. Donnelley's revolving credit facility may be reborrowed for general corporate purposes, including the repayment or redemption of other indebtedness. The completion of such tender offers will be subject to customary closing conditions.

BofA Merrill Lynch, Citigroup Global Markets Inc., and J.P. Morgan Securities LLC were the joint book-running managers for the offering.


R.R. Donnelley (Nasdaq:RRD) is a global provider of integrated communications. Founded more than 146 years ago, 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 R.R. Donnelley's Corporate Social Responsibility Report, visit www.rrdonnelley.com.



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