Company Update

Information About Cenveo's Reorganization

On February 2, 2018, Cenveo 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 and its best-in-class products and services. To facilitate the financial restructuring, Cenveo filed voluntary petitions for reorganization pursuant to Chapter 11 of the U.S. Bankruptcy Code in the Southern District of New York, White Plains.

Cenveo will continue to operate its business in the ordinary course in terms of its customers, vendors, partners, and employees. Subject to Court approval, Cenveo expects to continue:

  • Making payroll and continuing healthcare benefits for employees;
  • Providing seamless, uninterrupted, high-quality service to customers across multiple market segments; and
  • Paying vendors and suppliers in the ordinary course for all goods and services provided after the filing.

The Company intends to use the restructuring process to build a sustainable Cenveo, supporting its long-term success.

In conjunction with the filing, Cenveo has entered into a Restructuring Support Agreement (RSA) with noteholders representing more than 50% of its first lien debt. The RSA demonstrates the strong support of its creditors for the financial restructuring and their confidence in management and the future of Cenveo, and provides a clear path to emergence on an expedited basis. The Company has also negotiated agreements with certain of its existing lenders to provide Cenveo up to $290 million of debtor-in-possession financing (“DIP”), which includes $190 million of ABL financing and $100 million of Term Loan financing.

Here you’ll find the most up-to-date information, including links to the Company’s claims agent’s site, Restructuring Information Line ((844) 219-2678 if calling from within the U.S. or Canda, or +1 (646) 813-2946 if calling from outside the U.S. or Canada)., and Frequently Asked Questions. Please check back for updates.