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Catalyst Paper to redeem $19.4 million floating-rate notes due 2016
By Tali Rackner
Norfolk, Va., March 20 - Catalyst Paper Corp. plans to redeem the remaining $19.4 million of its outstanding floating-rate senior secured notes due 2016, according to a press release.
The redemption will be funded with proceeds from a new term loan.
Catalyst Paper makes specialty mechanical printing papers, newsprint and pulp and is based in Richmond, B.C.
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