Cascades to reduce revolver debt with $100 million note sale proceeds

By Caroline Salls

Pittsburgh, Nov. 22 - Cascades Inc. will reduce debt under its revolving credit facility with the proceeds of its sale of $100 million 7¼% senior notes due 2013, according to a company news release.

Cascade is a Kingsey Falls, Quebec, manufacturer of packaging products, tissue paper and specialized fine papers.

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