Cimpress Increases Credit Facility by $500 Million
VENLO,
The funding increase was provided by both existing members of the bank group who expanded their share of the credit facility, as well as new banks who were not involved in the initial facility.
About
This press release contains statements about the company’s future
expectations, plans, and prospects of its business that constitute
forward-looking statements for purposes of the safe harbor provisions
under the Private Securities Litigation Reform Act of 1995, including
the company’s expectations for the growth and development of its
business, investments, revenue, and EBITDA and the expected effects of
the credit facility expansion. Forward-looking expectations are
inherently uncertain, are based on assumptions and judgments by
management, and may turn out to be wrong. The company’s actual results
may differ materially from those indicated by the forward-looking
statements in this press release as a result of various important
factors, including but not limited to the company’s failure to execute
its strategy; its inability to make the investments in its business that
it plans to make or the failure of those investments to achieve the
results the company expects; unanticipated changes in the company’s
markets, customers, or business; the company’s failure to manage the
growth and complexity of its business; the company’s failure to maintain
compliance with the covenants in its senior secured revolving credit
facility and senior unsecured notes or to pay its debts when due;
competitive pressures; general economic conditions; and other factors
described in Cimpress’ Form 10-Q for the fiscal quarter ended
In addition, the forward-looking statements in this press release represent the company’s expectations and beliefs as of the date of this press release, and subsequent events and developments may cause these expectations and beliefs to change. The company specifically disclaims any obligation to update any forward-looking statements. These forward-looking statements should not be relied upon as representing the company’s expectations or beliefs as of any date subsequent to the date of this press release.
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Source:
Investor Relations:
Jenna Marvel
ir@cimpress.com
+1.781.652.6480
Media Relations:
Paul McKinlay
mediarelations@cimpress.com