RRD Increases Aggregate Maximum Principal Amount from $350M to $400M
RR Donnelley intends to accept for purchase all 2015 Notes, 2017 Notes and/or 2018 Notes validly tendered and not withdrawn at or prior to the Early Tender Date, and will only prorate such series of Securities if the aggregate principal amount of such series of Securities validly tendered and not withdrawn exceeds the Maximum Principal Amount to be Accepted. If the aggregate principal amount of a series of Securities validly tendered is less than the relevant Maximum Principal Amount to be Accepted as of the Early Tender Date, Holders who validly tender Securities after the Early Tender Date may be subject to proration, whereas Holders who validly tender Securities at or prior to the Early Tender Date will not be subject to proration. Furthermore, if the aggregate principal amount of a series of Securities validly tendered equals or exceeds the relevant Maximum Principal Amount to be Accepted as of the Early Tender Date, RR Donnelley will not accept any Securities for purchase after the Early Tender Date and there will be no Final Settlement Date for such series of Securities. Depending on the amount of 2015 Notes, 2017 Notes and/or 2018 Notes tendered and the proration factor applied, if the principal amount of 2015 Notes, 2017 Notes and/or 2018 Notes returned to a Holder as a result of proration would result in less than the authorized minimum denomination of $1,000, in the case of the 2015 Notes, and $2,000, in the case of the 2017 Notes and the 2018 Notes, being returned, we will have the option to reject or accept all of such Holder's validly tendered 2015 Notes, 2017 Notes and/or 2018 Notes.
- Companies:
- RR Donnelley