• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register
Publishers Lunch logo Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
Login Sign Up
  • Personnel
  • Earnings
  • New Releases
  • Book Bans
  • The Trial
  • Unions
  • Compensation
  • Archives
Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
  • Publishers Marketplace
  • Site Guide
  • Help

March 24, 2020By Michael Cader

LSC Communications Said to Prepare Bankruptcy Filing

March 24, 2020By Michael Cader

As we have been warning, the largest book printer LSC Communications was perched on the verge of bankruptcy even before the economic crisis took hold. On March 4, LSC indicated they had been in “limited default” of their considerable loans since the end of 2019, with a forbearance agreement with their lenders good through May 14. With liquidity tightening drastically even for for solid companies, LSC’s refinancing prospects have become more limited in the past few weeks. Bloomberg reported earlier this week the company “is preparing to file for Chapter 11 bankruptcy after failed efforts to restructure its nearly $1 […]

Login to read full story

Filed Under: Finance

sidebar

Primary Free Sidebar

Login

Forgot Password Quick Pass User Login
Get Full Access
The Publishing Industry’s Essential Daily Read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • S&S Signs Haberman and Swan Book About "Donald Trump's Final Act in Public Life" November 27, 2023 Axios
  • Barnes & Noble is ending support for older Nook e-readers November 17, 2023 The Verge
  • Publishing Coalition Files Brief with Appeals Court Asking to Uphold Ruling Blocking Texas's "Reader" Book Banning Law November 14, 2023 Filing
  • Entangled Acknowledges "Printing Errors" On Yarros's Just-Released IRON FLAME: "We are committed to making this right" with Exchanges November 11, 2023 Variety
  • Bridgewater Says THE FUND "Is ridiculous and couldn't be any further from the truth" November 8, 2023 Press Release
  • Librarians Fired for Refusing Book Bans Try Filing Discrimination Claims with the EEOC November 8, 2023 AP
  • What 35 Years of Data Can Tell Us About Who Will Win the National Book Award November 7, 2023 Public Books
  • "Silent Book Clubs" Gain In Popularity November 7, 2023 WSJ
  • WH Smith Launches Program to Buyback Used Books for Credit (With A Partner That Will Then Resell the Used Books) November 2, 2023 Company site
  • Abu Dhabi's Mubadala (Which Bid on Simon & Schuster) May Invest Further In Silver Lake's Bid to Take Endeavor Private November 2, 2023 Bloomberg
Publishers Marketplace logo

Contact Us

News

  • Publishers Marketplace
  • Report News
  • Discuss
  • Classifieds
  • Rights Offerings

Deals

  • Report A Deal

Books

  • Buzz Books

Jobs

  • Job Board
  • Privacy Policy Terms of Use