ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt

ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt 
WALNUT CREEK, CA -- (Marketwired) -- 07/10/13 --  ARC Document
Solutions (NYSE: ARC) today announced that the company has concluded
the open-market repurchase of approximately $7 million in aggregate
principal amount of its 10.5% senior unsecured notes due December 15,
2016. The repurchase was intended to reduce ARC's long-term debt and
annual interest obligations, and made no use of the Company's $50
million revolving credit facility which remains undrawn.  
"As expected, our cash position through the second quarter has
strengthened and we have worked through the majority of the costs
associated with the restructure we implemented in the fourth quarter
of 2012," said K. "Suri" Suriyakumar, Chairman, President and CEO of
ARC Document Solutions. "While we have a number of opportunities to
invest our excess cash, the most compelling was to deleverage the
company by repurchasing a portion of our debt. We may consider
additional steps to further reduce our debt and interest obligations
in the future provided conditions favor the company, and our
performance and the economy continue to improve." 
ARC's high-yield bonds were issued on December 1, 2010, in the
aggregate principal amount of $200 million and are due in December
2016. The bonds are senior unsecured obligations of the Company, and
bear an interest rate of 10.5% per annum, payable semi-annually on
June 15 and December 15. The bonds contain an optional call provision
dated December 15, 2013. 
About ARC Document Solutions (NYSE: ARC)  
ARC Document Solutions is a leading document solutions company
serving businesses of all types, with an emphasis on the
non-residential segment of the architecture, engineering and
construction industries. The Company helps customers all over the
world reduce costs and increase efficiency in the use of their
documents, improve document access and control, and offers a wide
variety of ways to print, produce, and store documents. ARC provides
its solutions onsite in more than 7,000 of its customers' offices,
offsite in service centers around the world, and digitally in the
form of proprietary software and web applications. For more
information please visit  
Forward-Looking Statements  
This press release contains forward-looking statements that are based
on current opinions, estimates and assumptions of management
regarding future events and the future financial performance of the
Company. Words such as "expected," "consider," "intended," and
similar expressions identify forward-looking statements and all
statements other than statements of historical fact, including, but
not limited to, any projections regarding earnings, revenues and
financial performance of the Company, could be deemed forward-looking
statements. We caution you that such statements are only predictions
and are subject to certain risks and uncertainties that could cause
actual results to differ materially from those contained in the
forward-looking statements. In addition to matters affecting the
construction, managed print services, document management or
reprographics industries, or the economy generally, factors that
could cause actual results to differ from expectations stated in
forward-looking statements include, among others, the factors
described in the caption entitled "Risk Factors" in Item 1A in ARC
Document Solution's Annual Report on Form 10-K for the fiscal year
ended September 30, 2012, Quarterly Reports on Form 10-Q, and other
periodic filings and prospectuses. The Company undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise,
except as required by law. 
David Stickney
VP of Investor Relations & Corporate Communications
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