Quad/Graphics Financials in Line With Expectations

“We reiterated our 2014 guidance recently based on solid revenue and earnings trends we experienced in the first quarter and completed a new debt capital structure that enhances the company’s financial flexibility,” said Dave Honan, Quad/Graphics vice president and CFO.

“Amending our $1.6 billion revolving credit agreement, Term Loan A and Term Loan B facilities and completing our inaugural $300 million high-yield bond offering extends and staggers the company’s debt maturity profile, further diversifies our capital structure, and provides more borrowing capacity to better position the Company to execute on its strategic goals. This is consistent with our ongoing disciplined approach to maintain a strong, flexible balance sheet and create value for all our stakeholders.”