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RR Donnelley Announces Early Tender Date Results of its Maximum Tender Offer for its 4.95% Notes Due May 15, 2010
Thursday 03. September 2009 - R.R. Donnelley & Sons Company (NASDAQ:RRD) ("RR Donnelley" or the "Company") today announced the early tender date results of its offer to purchase (the "Maximum Tender Offer") up to $175 million in aggregate principal amount (the "Maximum Tender Amount") of its 4.95% Notes due May 15, 2010 (the "2010 Notes").
RR Donnelley received early tenders in respect of $171,496,000 aggregate principal amount of 2010 Notes as of 5:00 p.m., New York City time, on September 2, 2009. Holders who have not already tendered the 2010 Notes may continue to do so at any time at or prior to 11:59 p.m., New York City time, on September 16, 2009 (the “Maximum Tender Offer Expiration Date”), unless RR Donnelley extends or earlier terminates the Maximum Tender Offer. However, such holders will not be entitled to receive any early tender premium, except in the case of any 2010 Notes that were tendered prior to 5:00 p.m., New York City time, on September 2, 2009 and which are ultimately accepted for purchase. Withdrawal rights for the tender offers have expired.
The Maximum Tender Offer is being made pursuant to an Offer to Purchase dated August 19, 2009 (the “Offer to Purchase”) and the related Letter of Transmittal dated August 19, 2009 (the “Letter of Transmittal”), which sets forth a complete description of the terms of the offers. Holders of 2010 Notes are urged to read the Offer to Purchase and the related Letter of Transmittal carefully before making any decision with respect to the Maximum Tender Offer. The Maximum Tender Offer is conditioned on the satisfaction of certain conditions set forth in the Offer to Purchase.
RR Donnelley has retained J.P. Morgan Securities Inc. and BofA Merrill Lynch to serve as dealer managers for the tender offers. Global Bondholder Services Corporation has been retained to serve as the depositary and information agent.