Multi-Color Corporation, a global provider of prime label solutions, announced that the United States Bankruptcy Court for the District of New Jersey has confirmed the company’s prepackaged plan of reorganization. MCC expects to emerge from prepackaged Chapter 11 in the coming weeks.
Coming To Terms
Under the terms of the Plan, MCC will complete a comprehensive restructuring transaction that significantly deleverages the company’s balance sheet and recapitalizes the business. The restructuring reduces net debt by approximately $3.8 billion, reduces annualized cash interest expense by more than $330 million, and extends long‑term debt maturities to 2033. In addition, MCC will receive a significant $889 million investment from CD&R and a group of MCC’s existing secured lenders.
Post-emergence, the company expects to have more than $500 million of available liquidity to support long-term growth and investment.
Plan confirmation follows a successful mediation and global settlement among every major constituency in MCC’s prepackaged Chapter 11 cases, with more than 99 percent of voting stakeholders accepting MCC’s prepackaged Chapter 11 plan.
A Global Settlement
This global settlement is in addition to the support previously obtained through the restructuring support agreement entered into prior to the commencement of MCC’s prepackaged Chapter 11 cases in January 2026.
With court approval in hand, MCC expects to receive the proceeds from the significant new common and preferred equity investment and complete its financial restructuring in the coming weeks.
