Your email has been successfully added to our mailing list.

×
0 0.00074682598954442 -0.00373412994772223 -0.00418222554144878 0.00672143390589991 0.00522778192681107 -0.00149365197908884 -0.00522778192681107
Stock impact report

Mercer International Inc. Completes Private Add-On Offering of $200,000,000 of 2028 Senior Notes

Mercer International Inc. (MERC) 
Last mercer international inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
Company Research Source: GlobeNewswire
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "Additional Notes"). The Additional Notes were issued at a price of 103.000% of their principal amount, plus accrued interest from October 1, 2024, for a yield to worst of 11.624%. The Additional Notes were issued as additional notes under the indenture dated September 21, 2023, pursuant to which the Company previously issued $200.0 million aggregate principal of 12.875% senior notes due 2028. The net proceeds of the offering, along with cash on hand, will be used by the Company to redeem $300.0 million in principal amount of its currently outstanding 5.500% senior notes due 2026 (the "2026 Notes"). Pursuant to the previously announced redemption, the Company will redeem all $300.0 million aggregate principal a Show less Read more
Impact Snapshot
Event Time:
MERC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MERC alerts
Opt-in for
MERC alerts

from News Quantified
Opt-in for
MERC alerts

from News Quantified