debt
confidence high
sentiment neutral
materiality 0.65
Mercer International prices $200M senior notes at 12.875% due 2028
MERCER INTERNATIONAL INC.
- $200M aggregate principal of 12.875% senior notes due Oct 1, 2028 issued at par.
- Net proceeds to repay Canadian revolver borrowings and for working capital and capital projects.
- Offering expected to close on or about September 21, 2023.
- Notes sold in private placement under Rule 144A/Regulation S.