Stamford, Connecticut, USA, 25 January 2010 – Cenveo, Inc. (NYSE: CVO) announced today that its wholly-owned subsidiary, Cenveo Corporation, has commenced an offering of USD 375 million aggregate principal amount of senior second lien notes due 2018. The notes will be unconditionally guaranteed by Cenveo and substantially all of its existing and future North American subsidiaries. The notes will be secured by a second-priority lien on substantially all of Cenveo’s and the domestic guarantors’ assets. The net proceeds of the offering will be used to refinance at least USD 300 million of the term loans outstanding and a portion of the revolving credit loans outstanding under Cenveo Corporation’s senior secured credit facilities, and to pay certain related costs and expenses.
The notes have not been and will not initially be registered under the Securities Act of 1933, as amended, 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.
Cenveo (NYSE: CVO), headquartered in Stamford, Connecticut, is a leader in the management and distribution of print and related products and solutions. The company provides its customers with low-cost alternatives within its core businesses of labels and forms manufacturing, packaging and publisher offerings, envelope production, and printing; supplying one-stop solutions from design through fulfillment. Cenveo delivers everyday for its customers through a network of production, fulfillment, content management, and distribution facilities across the globe.