---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-239378"
form_type: "8-K"
ticker: "MERC"
cik: "0001333274"
company_name: "MERCER INTERNATIONAL INC."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T10:26:12.774320+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mercer International closes $200M offering of 12.875% senior notes due 2028

## Summary
- Issued $200M aggregate principal of 12.875% senior notes due Oct 1, 2028 at 100% of par.
- Net proceeds to repay borrowings under Canadian revolver and for working capital and general corporate purposes.
- Notes are unsecured and rank equally with existing and future unsecured senior debt.
- Interest payable semi-annually on Apr 1 and Oct 1, starting Apr 1, 2024.
- Offerings sold to qualified institutional buyers under Rule 144A; not registered under Securities Act.

## SEC filing metadata
- accession: 0001193125-23-239378
- form_type: 8-K
- ticker: MERC
- cik: 0001333274
- company_name: MERCER INTERNATIONAL INC.
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333274/000119312523239378/0001193125-23-239378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333274/000119312523239378/d439365d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-239378
- JSON: https://secwatch.observer/filing/0001193125-23-239378.json
- Plain text: https://secwatch.observer/filing/0001193125-23-239378.txt

## Key facts
- Debt Financings
  MERCER INTERNATIONAL INC. incurred senior notes of $200.0 million with Computershare Trust Company, N.A. at 12.875% maturing October 1, 2028.
  - Instrument: senior notes
  - Principal: $200.0 million
  - Counterparty: Computershare Trust Company, N.A.
  - Rate: 12.875%
  - Maturity: October 1, 2028
  - Event: incurrence
  source text: On September 21, 2023, Mercer International Inc. (the “Company”) and Computershare Trust Company, N.A., as trustee, entered into an indenture (the “Indenture”) with respect to the Company’s issuance of 12.875% senior notes due 2028 in an aggregate principal amount of $200.0 million (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333274/000119312523239378/0001193125-23-239378-index.htm
- Material Agreements
  MERCER INTERNATIONAL INC. entered into Indenture with Computershare Trust Company, N.A., as trustee valued at $200.0 million (effective 2023-09-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, N.A., as trustee
  - Value: $200.0 million
  - Effective: 2023-09-21
  source text: On September 21, 2023, Mercer International Inc. (the “Company”) and Computershare Trust Company, N.A., as trustee, entered into an indenture (the “Indenture”) with respect to the Company’s issuance of 12.875% senior notes due 2028 in an aggregate principal amount of $200.0 million (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333274/000119312523239378/0001193125-23-239378-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.