Business NewsMarketWire • ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt

ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt

ARC Document Solutions Completes Bond Repurchase to Reduce Long-Term Debt

WALNUT CREEK, CA--(Marketwired - Jul 10, 2013) -  ARC Document Solutions (NYSE: ARC) today announced that the company has concluded the open-market repurchase of approximately $7 million in aggregate principal amount of its 10.5% senior unsecured notes due December 15, 2016. The repurchase was intended to reduce ARC's long-term debt and annual interest obligations, and made no use of the Company's $50 million revolving credit facility which remains undrawn.

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