MCC Exits Chapter 11 After Cutting Debt by $3.8B

Multi-Color Corporation announces completion of its financial restructuring. The printing company announced its emergence from a prepackaged Chapter 11 process on May 12, 2026, marking the end of a court-supervised effort to reduce its debt and stabilize its balance sheet. The Atlanta-based label maker said the move leaves it better positioned to pursue its long-term growth strategy.

According to the company, the restructuring cut net debt by about $3.8 billion, lowered annual cash interest expense by more than $330 million and pushed long-term debt maturities out to 2033. MCC also said more than 99% of voting stakeholders approved its reorganization plan, and that it received an $889 million investment in new common and preferred equity.

“Today marks a significant milestone for MCC, as well as our customers, teammates, and partners who have supported us throughout this process,” said Hassan Rmaile, President and Chief Executive Officer of MCC. “Over the last several months, we continued to diligently serve and win clients, sharpened our operations, and now – with a significantly stronger balance sheet – we have the financial foundation needed to accelerate investing in the capabilities that make us the global partner of choice for innovative, premium labeling solutions across verticals. We enter this next chapter focused on driving profitable growth, ramping operational excellence, and investing in our people and culture as we work to deliver sustainable long-term value for all stakeholders.”

With the financial restructuring completed, CD&R remains MCC’s majority owner. CD&R is joined by a certain number of MCC’s existing lenders as minority equity holders.

Source: MCC

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