Karta Halten terminates tender offers, solicitations for Domtar notes

Chicago, Aug. 30 – Karta Halten BV announced that its wholly owned subsidiary, Pearl Merger Sub Inc., an affiliate of Paper Excellence BV, has terminated its cash tender offer for any and all of Domtar Corp.’s outstanding $250 million 6¼% senior notes due 2024 (Cusip: 2573359AJ3) and $250 million 6¾% notes due 2042 (Cusip: 257559AK0), according to a press release.

At the same time, the related consent solicitations were also terminated.

The offers and consent solicitations were being made in connection with the pending acquisition of Domtar by the Paper Excellence group.

Barclays, BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC and Wells Fargo Securities, LLC are the dealer managers for each of the offers and solicitation agents for the consent solicitation.

Global Bondholder Services Corp. is the information agent (212 430-3774, 866 807-2200, contact@gbsc-usa.com).

Domtar makes paper and other fiber-based products and is based in Fort Mill, S.C. Paper Excellence is a pulp and paper manufacturer with headquarters in Richmond, B.C.

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