debt
confidence high
sentiment neutral
materiality 0.60
Mercer International closes CDN$160M revolving credit facility, replacing CDN$100M facilities
MERCER INTERNATIONAL INC.
- CDN$160M asset-backed revolver closed; replaces two existing CDN$100M facilities.
- Five-year term; secured by substantially all assets of Canadian borrowing subsidiaries.
- Interest based on Prime, BA, Base Rate, or Adjusted Term SOFR plus margin tied to leverage.
- Proceeds for general corporate purposes; syndicate of North American bank lenders.