Multi-Color Corporation Completes Acquisition of Collotype Labels

In connection with the acquisition, Multi-Color executed a five-year US$200 million credit facility with an option to increase the facility up to an additional US$50 million subject to terms of the loan documents. The facility is with Bank of America (Agent) and a syndicate of seven other lenders and gives Multi-Color the capacity to make further acquisitions and capital investments. Approximately 25 percent of the purchase price was paid for in Multi-Color stock. The remainder was paid in cash via borrowings under the new credit facility.