ATLANTA -- Multi-Color Corporation (“MCC” or the “Company”), a global leader in prime label solutions, announced that it has received approval from the U.S. Bankruptcy Court for the District of New Jersey (the “Court”) for first day relief related to its prepackaged Chapter 11 filed on January 29, 2026. The approved relief affirms that the Company will operate in the normal course, pay all trade vendors and suppliers in full, and maintain a strong liquidity position during the restructuring.

As part of this relief, the Court granted MCC immediate access to $125 million of $250 million in debtor-in-possession (“DIP”) new money financing, provided by certain holders of MCC’s secured first lien debt and its equity sponsor, CD&R. This funding will capitalize the business through the initial stages of the prepackaged Chapter 11 process. The Court also granted MCC authority to pay trade vendors and suppliers in full in the ordinary course, maintain wages and benefits without interruption, satisfy employee-related claims, and perform other critical functions and processes necessary for MCC to continue uninterrupted operations.

“The approval of our first day motions marks an important milestone in our financial restructuring, which will allow us to operate in the normal course as we deleverage our balance sheet and strengthen our capital structure,” said Hassan Rmaile, President & Chief Executive Officer of MCC. “As we look ahead, we remain focused on providing best-in-class solutions for our customers and executing on our strategic priorities. We look forward to advancing through this process to further position MCC for long-term growth and investment to best serve our customers.”

As previously announced, MCC entered into the restructuring support agreement (“RSA”) that is supported by holders of approximately 72% in amount of MCC‘s secured first lien debt and CD&R. This transaction will significantly deleverage MCC’s balance sheet, reducing its net debt load from approximately $5.9 billion to approximately $2.0 billion. The RSA also contemplates that CD&R and a group of MCC's existing secured lenders will provide an $889 million new common and preferred equity investment that will support long-term growth and investment. Upon emergence, MCC will have more than $550 million of liquidity.