RR Donnelley Announces Pricing of $450 Million Offering of Its 8.250% Notes Due 2019

R.R. Donnelley & Sons Company RRD announced today that it has priced an offering of $450 million of its 8.250% Notes due 2019 in an underwritten public offering. The offering is expected to close on March 13, 2012. RR Donnelley intends to use the net proceeds from the offering (1) to partially fund tender offers for up to $450 million aggregate principal amount of its debt securities, including up to $350 million aggregate principal amount of its 4.95% Notes due 2014 and up to $100 million aggregate principal amount of its 5.50% Notes due 2015 and (2) to pay premiums in connection with those tender offers. The completion of each such tender offer will be subject to customary closing conditions. If there are any remaining proceeds, RR Donnelley intends to use those proceeds to repay borrowings under its revolving credit facility. Amounts repaid under its revolving credit facility may be reborrowed for general corporate purposes, including the repayment or redemption of other indebtedness.