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Published on 11/4/2021 in the Prospect News Bank Loan Daily.

R.R. Donnelley plans new debt financing for buyout by Atlas Holdings

By Sara Rosenberg

New York, Nov. 4 – R.R. Donnelley & Sons Co. has received a commitment for debt financing to help fund its acquisition by Atlas Holdings LLC, according to a news release.

JPMorgan Chase Bank and Macquarie Capital provided the debt commitment.

Under the agreement, R.R. Donnelley is being bought for $8.52 per share in cash. The transaction has a total enterprise value of about $2.1 billion.

Other funds for the transaction will come from equity.

Closing is expected in the first half of 2022, subject to customary conditions, including approval by R.R. Donnelley stockholders and receipt of regulatory approvals.

There is a 25-day go-shop period.

R.R. Donnelley is a Chicago-based provider of multichannel business communications services and marketing solutions.


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