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Published on 5/21/2003 in the Prospect News Bank Loan Daily.

Georgia-Pacific to repay revolver debt with $500 million note sale proceeds

By Sara Rosenberg

New York, May 21 - Georgia-Pacific Corp. plans to repay outstanding debt under its revolver with proceeds from a $500 million senior notes offering.

Some of the notes will be due in 2008, while others will mature in 2014.

Georgia-Pacific is an Atlanta manufacturer and distributor of building products as well as a producer of a variety of pulp and paper products.

Massey Energy to repay revolver debt with proceeds from $100 million convertible sale

By Sara Rosenberg

New York, May 21 - Massey Energy Co. plans to repay existing revolver debt with proceeds from a private offering of $100 million principal amount of convertible senior notes due 2023.

Massey is a Richmond, Va. coal company.


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