The offering is in two tranches -- $625 million of 5.625% Notes due January 15, 2012 and $625 million of 6.125% Notes due January 15, 2017. RR Donnelley intends to use the net proceeds from the offering to pay a portion of the purchase price of its announced acquisition of Banta Corporation, including the repayment of debt of Banta Corporation. RR Donnelley's acquisition of Banta Corporation is expected to close in January 2007 and is subject to customary closing conditions, including shareholder approval.
Banc of America Securities LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. are the joint book-runners for the offering.
This release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
