Catalyst Paper repurchases $9.5 million 8 5/8% notes due June 2011

By Melissa Kory

Cleveland, Nov. 2 - Catalyst Paper Corp. repurchased $9.5 million of its 8 5/8% senior notes due June 2011 for $8.9 million during the third quarter, the company said in a news release.

Due to the purchase of the notes, liquidity was down to $183.9 million from $208.3 million in the second quarter.

Catalyst is Vancouver, B.C.-based producer of specialty printing papers and newsprint.

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