Approximately $1 billion of rated debt instruments/commitments affectedToronto, November 12, 2013 -- Moody's Investors Service (Moody's) downgraded Cenveo, Inc.'s (Cenveo) corporate family rating (CFR) to Caa1 from B3, and probability of default rating (PDR) to Caa1-PD from B3-PD. At the same time, Moody's downgraded the company's senior secured term loan to B2 from Ba3, its senior secured second lien notes to Caa1 from B3 and its senior unsecured notes to Caa3 from Caa2. Moody's affirmed Cenveo's speculative grade liquidity (SGL) rating at SGL-3 (adequate liquidity). The outlook is now stable. The action concludes a review initiated on August 26, 2013.

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