Editions   North America | Europe | Magazine

WhatTheyThink

Vistaprint Postpones Senior Notes Offering

Press release from the issuing company

VENLO, the Netherlands - Vistaprint N.V., a leading online provider of professional marketing products and services to micro businesses and the home, today announced that due to current market conditions, it has postponed its planned private offering of $250 million in senior notes, which it had previously announced on September 8, 2014.

“While we are interested in adding to and diversifying our capital structure in order to maintain long-term flexibility, we can afford to be patient, as this offering was opportunistic in nature,” said Ernst Teunissen, executive vice president and chief financial officer. “Given current volatility in debt markets, we prefer to postpone our offering at this time. We will potentially revisit an offering in the future if market conditions become more favorable.”

This press release is neither an offer to sell nor the solicitation of an offer to buy the notes or any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.