Cenveo pulls $330 million term loan B repricing from market

By Sara Rosenberg

New York, Dec. 5 - Cenveo Corp. withdrew from the market the repricing of its $330 million term loan B due 2017, according to a market source.

The repricing was talked at Libor plus 450 basis points with a 1% Libor floor and 101 soft call protection for six months.

Current pricing on the loan is Libor plus 500 bps with a 1.25% Libor floor.

Bank of America Merrill Lynch was the lead bank on the deal.

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

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