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R.R. Donnelley increases revolver borrowings to $450 million
By Wendy Van Sickle
Columbus, Ohio, April 6 – R.R. Donnelley & Sons Co. increased borrowings under its revolving credit facility to $450 million as a proactive measure to preserve financial flexibility amid the Covid-19 pandemic, according to a news release.
The drawdown brought cash on hand to about $460 million as of March 31.
R.R. Donnelley is a Chicago-based provider of integrated communication services.
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