| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2013 > News item |
Catalyst Paper offers to buy $20 million of its floating-rate notes
New York, March 25 - Catalyst Paper announced that it is offering to purchase $20 million of its floating-rate senior secured notes due 2017.
The company will pay par plus accrued interest up to but excluding the settlement date.
The offer ends on April 24.
Globic Advisors is the depositary (212 227-9699, 800 974-5771 or rstevens@globic.com).
Catalyst is making the offer with the remaining proceeds from the sale of its interest in Powell River Energy Inc. and Powell River Energy LP that closed on March 20. Unsecured creditors of Catalyst received $12.7 million of the proceeds.
Catalyst is a Richmond, B.C., manufacturer of specialty mechanical printing papers, newsprint and pulp.
© 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.