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

ARC Document Solutions Completes Second Bond Repurchase to Reduce Long-Term Debt 
WALNUT CREEK, CA -- (Marketwired) -- 11/07/13 --  ARC Document
Solutions, Inc. (NYSE: ARC) today announced that the company has
concluded the open-market repurchase of approximately $5.3 million in
aggregate principal amount of its 10.5% senior unsecured notes due
December 15, 2016. Similar to the transaction announced on July 10,
2013, the recent 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 we announced on our recent earnings call, our cash position grew
at a healthy pace throughout the third quarter and we felt confident
that deploying excess cash to deleverage the company remained the
best option for its use," said K. "Suri" Suriyakumar, Chairman,
President and CEO of ARC Document Solutions. "We continue to 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,
Inc. is a leading document solutions provider 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 7,500
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 www.e-arc.com. 
Forward-Looking Statements 
 This press release contains
forward-looking st
atements 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. 
CONTACT: 
David Stickney
VP of Investor Relations & Corporate Communications
+1-925-949-5114 
 
 
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