Cenveo, Inc. Files Plan of Reorganization and Disclosure Statement

Cenveo, Inc. (OTCPK: CVOVQ) (the “Company”), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that it has filed a Chapter 11 plan of reorganization (the “Plan”) and related disclosure statement (“Disclosure Statement”) with the United States Bankruptcy Court for the Southern District of New York, White Plains. The Plan outlines a proposed path to strengthen the Company’s balance sheet, increase its financial flexibility, and position it for long-term success.

“We are continuing to make significant progress as we enter the next phase of our restructuring,” said Robert G. Burton, Sr., Cenveo’s Chairman and Chief Executive Officer. “The Company’s Plan represents a clear and viable path forward for Cenveo to establish a sustainable capital structure that supports future growth and investment in the business. We will continue to work closely with all of our stakeholders to refine the Plan, as this is a critical step to achieving our timeline of emerging from this restructuring process in the summer of 2018.”

A hearing has been scheduled with the Court on May 16, 2018 to consider approval of the Disclosure Statement related to the Plan. Following Court approval of the Disclosure Statement, Cenveo will distribute the Plan and Disclosure Statement to voting creditors for their consideration.
more at:  https://www.prnewswire.com/news-releases/cenveo-inc-files-plan-of-reorganization-and-disclosure-statement-300623192.html