Significant Debt Reduction and New Investment Secured
Multi-Colour Corporation, a global leader in prime label solutions, has announced that the United States Bankruptcy Court for the District of New Jersey confirmed its prepackaged plan of reorganisation on 16th April 2026. This reorganisation plan aims to significantly deleverage the company’s balance sheet and position it for future growth.
Reducing MCC’s net debt by approximately $3.8 billion, the restructuring will also decrease annual cash interest expenses by more than $330 million. With long-term debt maturities extended to 2033, the company is set for sustainable financial health and long-term growth.
Hassan Rmaile, President & CEO of MCC, stated, “Today’s confirmation marks the near-completion of our financial restructuring process, positioning MCC to emerge as an even more resilient company. With the support of our financial stakeholders, MCC will emerge with a significantly deleveraged balance sheet and liquidity available to support our go-forward operations.”
Financial Restructuring Details
A significant investment of $889 million from CD&R and existing secured lenders will provide MCC with over $500 million in available liquidity. This new funding supports future growth and investment in innovation.
More than 99% of voting stakeholders accepted the reorganisation plan, following successful mediation and a global settlement. This support was initially secured through a restructuring support agreement signed in January 2026, highlighting strong stakeholder confidence.
With court approval, MCC expects to complete its financial restructuring and emerge from Chapter 11 in the coming weeks. Utilizing proceeds from new common and preferred equity investments, the company is enhancing its operational capabilities.
Hassan Rmaile expressed gratitude to MCC’s teammates, customers, and suppliers for their steadfast commitment and support throughout this process. MCC is ready to seize future opportunities and continue delivering high-quality label solutions.
Stakeholders seeking further information on MCC’s restructuring can visit the company’s dedicated restructuring website. They may also contact Verita, the claims and noticing agent, for inquiries at (866) 967-1788 (U.S./Canada toll-free) or +1 (310) 751-2688 (International).
Last updated: 17 April 2026, 7:34 am
