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BRIEF-LSC Communications Says Voluntarily Files For Business Reorganization Under Chapter 11

Published 2020-04-13, 12:35 a/m

April 13 (Reuters) - LSC Communications-

* LSC COMMUNICATIONS INC - VOLUNTARILY FILES FOR BUSINESS REORGANIZATION UNDER CHAPTER 11

* LSC COMMUNICATIONS INC - LSC HAS SUFFICIENT LIQUIDITY TO CONTINUE OPERATING ITS BUSINESS SAFELY AND EFFICIENTLY

* LSC COMMUNICATIONS - RAISES $100 MLN IN ADDITIONAL LIQUIDITY TO CONTINUE OPERATING ITS BUSINESS AND SERVING CLIENTS

* LSC COMMUNICATIONS INC - LSC'S SUBSIDIARIES IN MEXICO AND CANADA ARE NOT INCLUDED IN COURT PROCEEDINGS AND WILL CONTINUE TO OPERATE IN NORMAL COURSE

* LSC COMMUNICATIONS INC - DETERMINED TO PURSUE A RESTRUCTURING THROUGH A VOLUNTARY PROCESS AS WE CONTINUE TO WORK WITH OUR LENDERS

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