Donnelley Financial pays down term loan debt via $68 million payment

By Tali Rackner

Minneapolis, May 4 – Donnelley Financial Solutions Inc. paid down its term loan using a $68 million cash payment from its separation agreement with R.R. Donnelley & Sons Co., according to a press release.

Including this payment, the company reduced its term loan by $118 million since the spinoff and is on track to reach the top end of its targeted leverage range by the end of the year, while also continuing to invest in the business.

Donnelley Financial is a Chicago-based financial communications services company.

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