Cenveo to launch roughly $500 million credit facility on Wednesday

By Sara Rosenberg

New York, Nov. 29 - Cenveo Inc. is set to hold a bank meeting on Wednesday afternoon to launch an approximately $500 million credit facility, according to a market source.

Bank of America is the left lead bank on the deal.

The facility consists of a $150 million revolver and a roughly $350 million term loan, the source said.

Proceeds will be used to refinance existing debt.

Cenveo is a Stamford, Conn.-based manager and distributor of print and related products and services.

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