Latham & Watkins Represents R. R. Donnelley in US$360 Million Notes Offering

Latham & Watkins represented R. R. Donnelley & Sons Company (RRD), a leading global provider of marketing, packaging, print, and supply chain solutions, in a private offering under Rule 144A and Regulation S of the Securities Act of 1933 by RRD Intermediate Holdings, Inc., RRD’s indirect parent, of US$360 million aggregate principal amount of 12.000% / 11.000% Senior PIK Toggle Notes due 2030. The offering closed on November 27, 2024.

The Latham capital markets team was led by New York partner Michael Saliba, with associates Robyn Sablove, Alex Gulino, Emma Fichtel, and Jessmine Lee. Advice was also provided on tax matters by New York partners Matthew Dewitz and Aaron Bernstein, with associate Christina McLeod; and on benefits matters by New York counsel Rifka Singer.