Cenveo to establish Canadian income trust fund
Feb 17, 2006. Cenveo, Inc. announced plans on February 16 to establish a Canadian income trust fund, the Supremex Income Fund.
Feb 17, 2006. /Lesprom Network/. Cenveo, Inc. announced plans on February 16 to establish a Canadian income trust fund, the Supremex Income Fund. The proposed fund will acquire and hold all of the common shares of Supremex, Inc., Canada's leading manufacturer and marketer of a broad range of stock and custom envelopes and related products. The Supremex Income Fund, an independent entity established by Cenveo in Canada, has filed a preliminary prospectus in connection with its initial public offering of units.
The fund anticipates making monthly cash distributions to unitholders after completion of the initial public offering.
Robert G. Burton, Sr., chairman and chief executive officer of Cenveo, stated: "We believe that the successful completion of this offering will be consistent with our previously announced strategy to de-leverage our balance sheet and will provide an opportunity to redeploy capital to allow us to grow domestically."
The trust units to be offered have not and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws of the United States and may not be offered or sold in the United States except in a transaction exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.
Cenveo, Inc. is one of North America's leading providers of print and visual communications with one-stop services from design through fulfillment. The company's broad portfolio of services and products include, commercial printing, envelopes, labels and business documents through a network of over 80 production, fulfillment and distribution facilities throughout North America.