Mercer International Announces Comprehensive Recapitalization Agreement
On Monday, Mercer International announced that it has reached a comprehensive recapitalization agreement with significant support from noteholders and shareholders.
According to the company’s press release, the agreement will address $1.275 billion in senior notes and provide $400 million in fully backstopped new capital, positioning Mercer for long-term success.
Mercer said operations will continue in the ordinary course, with no impact on customers, suppliers, or employees.
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