NEW YORK, NY -- (Marketwire) -- 08/04/09 -- Bowne & Co., Inc. (NYSE: BNE), a global leader
in shareholder and marketing communications services, today announced that
it plans to publicly offer 10.5 million shares of its common stock. In
addition, it intends to grant the underwriter a 30-day option to purchase
up to 1.575 million additional shares. Goldman, Sachs & Co. is serving as
the sole underwriter for the offering.
The Company intends to use the net proceeds from the offering to repay its
term loans in their entirety and expects to use any remaining proceeds to
repay borrowings under its revolving credit facility.
The shares will be issued pursuant to an effective shelf registration
statement that was previously filed with the Securities and Exchange
Commission. A preliminary prospectus supplement related to the offering
has been filed with the Securities and Exchange Commission and is available
on the SEC's website, http://www.sec.gov. Copies of the prospectus
supplement and accompanying base prospectus related to this offering may be
obtained from Goldman, Sachs & Co. via telephone: (866) 471-2526;
facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com; or
standard mail at Goldman, Sachs & Co., Prospectus Department, 85 Broad
Street, New York, NY 10004.
This news release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws
of any such state or other jurisdiction.
About Bowne & Co., Inc.
Bowne & Co., Inc. (NYSE: BNE) provides shareholder and marketing
communications services around the world. Dealmakers rely on Bowne to
handle critical transactional communications with speed and accuracy.
Compliance professionals turn to Bowne to prepare and file regulatory and
shareholder communications online and in print. Investment managers and
third party fund administrators count on Bowne's integrated solutions to
streamline their document processes and produce high quality communications
for their shareholders. Marketers look to Bowne to create and distribute
customized, one-to-one communications on demand. With 2,800 employees in 50
offices around the globe, Bowne has met the ever-changing demands of its
clients for more than 230 years.
Investor Relations Contact:
Bryan Berndt
Treasurer
(212) 658-5817
bryan.berndt@bowne.com
Media Contact:
Pamela Blum
Director of Corporate Communications
(212) 658-5884
pamela.blum@bowne.com
Bowne & Co., Inc.
55 Water Street
New York, NY 10041
(212) 924-5500
Fax: (212) 658-5871