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Published on 5/15/2012 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Cascades announces $3 million buyback of 6¾% notes in first quarter

By Ashley Montgomery

Kansas City, Kan., May 15 - Cascades Inc. repurchased $3 million of its 6¾% senior notes, the company announced in its earnings release for the first quarter.

The repurchase was completed on March 1 at par.

Cascades is a Kingsey Falls, Quebec-based producer, converter and marketer of packaging and tissue products that are composed mainly of recycled fibers.


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