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Cenveo sets term loan B size at $375 million before Wednesday launch
By Sara Rosenberg
New York, Nov. 30 - Cenveo Inc. revealed that its proposed term loan B will be sized at $375 million, whereas before, it was being described as roughly $350 million, according to a market source.
As was previously reported, the credit facility also includes a $150 million revolver.
A bank meeting for the $525 million credit facility is set for Wednesday, and price talk is expected to emerge at launch.
Bank of America is the left lead bank on the deal.
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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