Mercer International Inc. Completes Private Add-On Offering of $200,000,000 of 2028 Senior Notes [Canadian Business Journal (Canada)]
Mercer International Inc. (MERC)
Last mercer international inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations:
mercerint.com/investors
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Source: Canadian Business Journal
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 amount o
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- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERCAccesswire
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- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERCAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERCAccesswire
MERC
Earnings
- 2/15/24 - Miss
MERC
Sec Filings
- 11/22/24 - Form 4
- 11/8/24 - Form SC
- 10/31/24 - Form 10-Q
- MERC's page on the SEC website