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STAMFORD, Conn., June 7, 2018 /PRNewswire/ -- Cenveo, Inc. (CVOVQ) (the "Company"), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that the United States Bankruptcy Court for the Southern District of New York has approved its amended disclosure statement (the "Disclosure Statement"), paving the way for the Company to commence solicitation of votes for approval of its amended plan of reorganization ("Plan of Reorganization") and emerge from Chapter 11 this summer.
STAMFORD, Conn., Feb. 13, 2018 /PRNewswire/ -- Cenveo, Inc. (CVO) (the "Company"), a global leader in digital manufacturing and fulfillment of envelopes, labels, print, and related communication resources, today announced the appointment of Mark S. Hiltwein as Chief Financial Officer, effective March 2018. Mr. Hiltwein rejoins Cenveo from Rand Logistics, Inc., where he served as Chief Financial Officer. "We are excited to welcome Mark back to Cenveo where he will undoubtedly make an immediate impact as we continue to transform our Company.
STAMFORD, Conn., Feb. 5, 2018 /PRNewswire/ -- Cenveo, Inc. (CVO) (the "Company"), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that the U.S. Bankruptcy Court for the Southern District of New York, White Plains has approved the Company's $290 million debtor-in-possession ("DIP") financing to support and grow its business. "Friday, Cenveo secured the financing it needs to grow its business and maximize value for all of its stakeholders," said Robert G. Burton, Sr., Cenveo's Chairman and Chief Executive Officer.
Moody's Investors Service (Moody's) downgraded Cenveo Corporation's (Cenveo) ratings, including the company's Probability of Default Rating (PDR, to D-PD from Caa2-PD) and Corporate Family Rating (CFR, ...
Many of Cenveo's products, such as specialized envelopes for credit card statements, have been replaced by electronic billing and advertising, Chief Restructuring Officer Ayman Zameli said in court papers. To adapt to the changing landscape and recapitalize its balance sheet, Cenveo said it has reached an agreement with creditors that will cut debt by about $700 million through the bankruptcy, which does not include its foreign entities such as those in India. Stamford, Connecticut-based Cenveo has also secured $290 million of debtor-in-possession financing to support its operations throughout the bankruptcy proceedings.
After 99 years of making envelopes that carried America’s junk mail, Cenveo Inc. filed for bankruptcy, blaming a shift by marketers from your mailbox to the internet.
STAMFORD, Conn., Feb. 2, 2018 /PRNewswire/ -- Cenveo, Inc. (CVO) (the "Company"), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today 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 and its best-in-class products and services. 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 New York, White Plains. 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.
Stock Monitor: Cenveo Post Earnings Reporting LONDON, UK / ACCESSWIRE / December 08, 2017 / Active-Investors free earnings report on Shutterstock, Inc. (NYSE: SSTK ) has freshly been issued to its members, ...
Assessing Cenveo Inc’s (NASDAQ:CVO) performance as a company requires looking at more than just a years’ earnings data. Below, I will run you through a simple sense check to buildRead More...
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