Multi-Color Corporation Receives Court Approval of First Day Motions

Obtains Interim Approval to Access $125 Million of DIP Financing Global Operations and Services to Customers Continue in Normal Course Without Interruption During Restructuring Process; All Trade Vendors and Suppliers to be Paid in Full

In a major development, [Company Name] has successfully obtained interim approval to access $125 million of debtor-in-possession (DIP) financing. This crucial step will allow the company to continue its global operations and services to customers without any interruption during the ongoing restructuring process. Furthermore, the company has also committed to paying all trade vendors and suppliers in full, demonstrating its strong commitment to maintaining positive relationships with its partners.

The decision to seek DIP financing was made after careful consideration and evaluation of all available options. This financing will provide the necessary liquidity to support the company’s operations and ensure that it can continue to serve its customers without any disruptions. It also reflects the confidence of our lenders in the company’s ability to successfully restructure and emerge stronger from this process.

This interim approval is a significant milestone in our restructuring journey and a testament to the hard work and dedication of our team. We are grateful for the support and cooperation of our lenders, who have shown their belief in our company’s potential. With this financing in place, we can now focus on executing our restructuring plan and emerge as a more resilient and competitive organization.

Despite the challenges posed by the restructuring process, we want to assure our customers that our operations and services will continue as usual. We remain committed to delivering high-quality products and services, and our customers can expect the same level of excellence that they have come to associate with our brand. Our global operations will continue to function without any interruptions, and we will strive to meet all our commitments and obligations.

Moreover, we are pleased to announce that all our trade vendors and suppliers will be paid in full. We recognize the importance of these relationships and the critical role they play in our business. Therefore, we are committed to fulfilling our financial obligations and maintaining strong partnerships with our vendors and suppliers. We value their contributions and support, and we look forward to continuing our collaboration with them in the future.

This interim approval is a significant step towards our goal of emerging as a stronger and more sustainable company. We are confident that with the support of our lenders, customers, and partners, we will successfully navigate through this restructuring process and emerge as a more competitive and resilient organization. Our focus remains on delivering value to all our stakeholders and creating a brighter future for our company.

In conclusion, we would like to express our gratitude to all our stakeholders for their unwavering support during this challenging time. We are committed to keeping you updated on our progress and working towards a successful restructuring. With this interim approval, we are one step closer to achieving our goals, and we are confident that our company will emerge stronger and more successful than ever before. Thank you for your continued trust and confidence in [Company Name].