Quad/Graphics Completes $1.9B Debt Offering

SUSSEX, WI—Quad/Graphics has completed its previously announced $1.9 billion debt financing that includes refinancing, extending and expanding its $1.6 billion senior secured credit facility consisting of a five-year, $850 million revolving line of credit (the “Revolver”), a five-year $450 million bank term loan A (the “TLA”) and a seven-year $300 million term loan B (the “TLB”), as well as a high-yield bond offering of $300 million aggregate principal amount of its 7.0 percent senior unsecured notes due 2022.