Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
Domtar to redeem 6¼% notes due 2042, 6¾% notes due 2044 via new notes
By Rebecca Melvin
Concord, N.H., Sept. 28 – Domtar Corp. plans to repurchase its 6¼% senior notes due 2042 and 6¾% senior notes due 2044 in connection with its merger with Karta Halten BV and Paper Excellence BV.
The redemption is part of the overall acquisition plan, which is being paid for with the proceeds of an offering of new notes due 2028 together with an equity investment and borrowings under new senior secured credit facilities.
Domtar makes paper and other fiber-based products and is based in Fort Mill, S.C.
Paper Excellence is a diversified maker of pulp and paper, based in the Netherlands.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.