Core Viewpoint - Quad/Graphics, Inc. has expanded its financial resources by adding Flagstar Bank to its lending group, increasing its Term Loan A by $20 million to $371 million and revolving credit availability by $15 million to $340 million [1][2]. Group 1: Financial Developments - The addition of Flagstar Bank enhances Quad's financial flexibility and supports its capital allocation strategy [2]. - The total outstanding principal amount of Quad's Term Loan A is now $371 million, while its revolving credit availability has increased to $340 million [1]. Group 2: Company Overview - Quad is a marketing experience company that provides integrated marketing and print services, leveraging technology and data-driven intelligence to simplify marketing complexities [3]. - The company employs approximately 11,000 people across 11 countries and serves around 2,100 clients, including major blue-chip companies in various sectors such as retail, financial services, and health [4].

Core Viewpoint - Skechers has agreed to be taken private by 3G Capital in a $9.4 billion deal amid challenges from US tariffs and trade policies [1][2][3] Group 1: Deal Details - The acquisition price is set at $63 per share, which represents a 28% premium over Skechers' stock price prior to the announcement [1] - Following the announcement, Skechers' shares increased by 25% to $61.61 [1] - The deal is expected to close in the third quarter of 2025 and will be financed through cash from 3G Capital and debt financing from JPMorgan Chase Bank [4] Group 2: Market Context - Skechers withdrew its annual results forecast last month due to the impact of the Trump administration's trade policies on the global economy and consumer sentiment [2][5] - The Trump administration has increased import tariffs on Chinese goods to 145%, significantly affecting Skechers as China constitutes a major source of imports for its US business [2]