Market Overview

Domtar Corporation Announces Senior Notes Offering

Domtar Corporation (NYSE: UFS) today announced an offering of $250 million aggregate principal amount of fixed-rate senior notes. The notes are being offered pursuant to the Company's registration statement on Form S-3 filed with the Securities and Exchange Commission on March 7, 2012.

The Company intends to use the net proceeds from the offering to fund the purchase price of the 10.75% Notes due 2017, 9.5% Notes due 2016, 7.125% Notes due 2015 and 5.375% Notes due 2013 tendered and accepted by the Company for purchase pursuant to its previously announced tender offer and, to the extent there are remaining proceeds, for general corporate purposes.

Posted-In: News Offerings

 

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