Industry News, Printers News

Cenveo Reaches Agreement with Key Stakeholders in Support of Plan of Reorganization

Agreement reduces debt upon exit by an additional $100 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cenveo, Inc., a manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that it has reached an agreement with its major stakeholders to clear the path for approval of the company’s first amended plan of reorganization, which will enable the company to emerge from Chapter 11 this summer.   The Plan of Reorganization has the support of more than 70% of the Senior Secured Noteholders (the First Lien Holders), the holder...

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