Baker McKenzie Zurich has acted as counsel to Cimpress plc (Nasdaq: CMPR) in connection with the offering of USD 200,000,000 7.0% senior notes due 2026. The new notes were issued as additional notes under an indenture, dated as of 15 June 2018, as supplemented, under which Cimpress plc previously issued USD 400,000,000 7.0% Senior Notes due 2026.
The new notes will pay interest on a semi-annual basis. The price to investors was 105.25% of the principal amount of the new notes. The issuance of the new notes closed on 13 February 2020, subject to customary closing conditions.
The Baker McKenzie team advising Cimpress comprised Martin Frey (Partner, M&A), Marcel Giger (Partner, Capital Markets), Philip Spoerlé (Senior Associate, Capital Markets) and Marianne Müller (Associate, Banking & Finance).