VistaPrint parent Cimpress raises US $1.1 billion

GaryPageau ,
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Cimpress plc, the parent company of VistaPrint, announced the pricing and allocation of a seven-year $1.1 billion senior secured Term Loan B maturing in 2033. The loan will carry interest at SOFR plus 2.50% and has been offered at 99.75% of par value. Cimpress has also extended its US $250-million secured revolving credit facility, which will now mature in 2031.

The proceeds will be used to refinance its existing refinance its existing $1.065 billion Term Loan B due 2028 and for general corporate purposes. Cimpress expects to close the Term Loan B transaction by early June 2026, and that the transaction will be approximately net leverage neutral on a pro-forma basis.

Earlier this month, CEWE announced plans to sell its commercial online printing business to Cimpress to focus on photofinishing. The closing of the transaction is subject to customary closing conditions, in particular, regulatory and antitrust approvals, and is expected during the second half of 2026.

Cimpress brands include VistaPrint, WIRmachenDRUCK, Pixartprinting, Pens.com, BuildASign, druck.at, Drukwerkdeal, easyflyer, Exaprint, Packstyle, Printi, Tradeprint and BoxUp.

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.