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Mercer to use new note proceeds to pay down revolver
By Mary-Katherine Stinson
Lexington, Ky., Sept. 19 – Mercer International Inc. intends to use the net proceeds from a new offering of senior notes due 2028 to pay down borrowings under its Canadian revolving credit facility and for working capital and general corporate purposes, including discretionary capital projects at its facilities, according to a press release.
The pulp producer is based in Vancouver, B.C.
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