Finance
Xerox to offer $400m of senior notes
Xerox has said that, subject to market conditions, it is offering up to $400m (£315m) in aggregate principal amount of senior notes due 2029.
Chevler gains Welsh Gov funding
Baking paperware specialist Chevler has benefited from £300,000 of funding from the Welsh Government.
Chancellor acts to improve payment terms at public sector suppliers
Jeremy Hunt’s Autumn Statement contained a new policy that could have a far-reaching – and positive – impact on parts of the industry.
Drama as Telegraph sale process is paused
The sale process for the Telegraph Media Group and The Spectator magazine has been paused until next month, with the Barclay family racing to take back control of their former publishing assets.
Xerox enters agreement for $550m credit facility
Xerox has entered into a first lien term loan credit agreement for $550m (£439m), following its recent purchase of all of activist investor Carl Icahn's shares in the company.
Cloudprinter secures financing for further growth
Print platform Cloudprinter.com has received a new round of financing worth €2m (£1.73m).
UK insolvencies on track for highest rate since 2009
The UK is on track this year to see the highest number of insolvencies since 2009, according to PwC.
Government pledges action on late invoice payments
The government has pledged to tackle a culture of late payment in the UK as part of its Prompt Payment & Cash Flow Review, due for publication later in 2023.
Print worker numbers shrink 15% globally since 2018
The number of people employed by the print industry worldwide has shrunk by 14.8% since 2018, according to the latest figures from business intelligence service Smithers.
New finance deal at Lecta to propel transformation
Lecta is planning to refinance in a move that will enable the business to fund its transition plans towards specialty papers.