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Quad/Graphics Amends Senior Credit Facility

Move will help support financing for acquisition of LSC Communications.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. announced that it has completed the third amendment to the company’s April 28, 2014, senior secured credit facility to: (1) increase its existing revolving credit facility from $725 million to $800 million with a five-year term (the “Revolver”); (2) increase its existing term loan A from $375 million to $825 million with a delayed draw feature and five-year term (the “DD-TLA”); (3) increase the existing term loan B from $300 million to $500 million with a seven-year term (the...

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