RR Donnelley's Exposure to Lehman Brothers Holdings Inc. Bankruptcy is Less Than $1.0 Million
September 17 2008 - 2:50PM
Business Wire
R.R. Donnelley & Sons Company (NYSE: RRD) announced today that
its exposure to the Lehman Brothers Holdings Inc. bankruptcy filing
is less than $1.0 million, substantially all related to trade
accounts receivable. RR Donnelley does not have any direct
financial transaction exposure with Lehman Brothers, nor is Lehman
Brothers a part of the Company�s $2.0 billion committed revolving
credit facility. A filing by the United States Bankruptcy Court in
the Southern District of New York on September 17, 2008 announced
the appointment of RR Donnelley as a member of the Unsecured
Creditors Committee. RR Donnelley has resigned from the Committee.
About RR Donnelley RR Donnelley (NYSE: RRD) is the world�s premier
full-service provider of print and related services, including
business process outsourcing. Founded more than 144 years ago, the
company provides products and solutions in commercial printing,
direct mail, financial printing, print fulfillment, labels, forms,
logistics, call centers, transactional print-and-mail, print
management, online services, digital photography, color services,
and content and database management to customers in the publishing,
healthcare, advertising, retail, technology, financial services and
many other industries. The largest companies in the world and
others rely on RR Donnelley�s scale, scope and insight through a
comprehensive range of online tools, variable printing services and
market-specific solutions. For more information, visit the
company�s web site at www.rrdonnelley.com. Use of Forward-Looking
Statements This news release may contain "forward-looking
statements" as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Readers are cautioned not to place undue
reliance on these forward-looking statements and any such
forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All
forward-looking statements speak only as of the date of this news
release and are based on current expectations and involve a number
of assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking statements.
Readers are strongly encouraged to read the full cautionary
statements contained in RR Donnelley's filings with the SEC. RR
Donnelley disclaims any obligation to update or revise any
forward-looking statements.
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