Cenveo Announces Commencement of Secured Notes Offering
STAMFORD, CT—June 18, 2014—Cenveo Inc. has announced that its wholly-owned subsidiary, Cenveo Corp., has commenced an offering of up to $790 million aggregate principal amount of secured notes (the "Notes"). The Notes will be comprised of $540 million in Senior Priority Secured Notes due 2019 and $250 million Junior Priority Secured Notes due 2022. Net proceeds from the Notes will be used to refinance Cenveo's existing Term Loan Facility due 2018 and its 8 7/8 percent second lien notes due 2018, and to pay certain related costs and expenses.
The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release does not and shall not constitute an offer to sell or a solicitation of an offer to buy any security and shall not constitute, nor shall there be any sale of these securities in any state or jurisdiction in which, an offer, solicitation or sale would be unlawful.
Cenveo (NYSE: CVO), world headquartered in Stamford, Connecticut, is a leading global provider of print and related resources, offering world-class solutions in the areas of custom boxes, custom labels, shrink sleeve labels, envelopes, commercial print, content management and publisher solutions. The company provides a one-stop offering through services ranging from design and content management to fulfillment and distribution. With a worldwide distribution platform, we pride ourselves on delivering quality solutions and service every day for our more than 100,000 customers.