Cimpress used the proceeds of the offering, together with cash on hand, to fund the redemption of all of its 7.0% Senior Notes due 2026 (the “Redemption”) and to pay all fees and expenses related to the offering, the Redemption and the Credit Agreement Amendment. The transaction closed on 26 September 2024.
Cimpress invests in and builds customer-focused, entrepreneurial, print mass-customization businesses for the long term. Cimpress businesses include BuildASign, Drukwerkdeal, Exaprint, National Pen, Packstyle, Pixartprinting, Printi, VistaPrint (including VistaPrint Limited, a Bermuda exempted company), and WIRmachenDRUCK.
Appleby advised on all Bermuda law aspects of the transaction. Partner Clive Langley and Senior Associate Jamie Rego advised on the transaction.
