Industry News

Cenveo Announces Chapter 11 Plan of Reorganization

Transaction will lower debt by approximately $700 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cenveo, Inc. announced that it has reached an agreement with holders of a majority of its first lien debt to support a Chapter 11 plan of reorganization, which will significantly increase its financial flexibility by reducing its debt and obtaining new financing, strengthening the company.   To facilitate the financial restructuring, Cenveo and its domestic subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the Southern District of Ne...

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