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Avatar Posted by lam231 462 days ago (http://bankruptcy.law360.com)
(USA) Aurelius Capital Management LP, an unsecured creditor of an affiliate of bankrupt newsprint company AbitibiBowater Inc., has objected to the company's debtor-in-possession financing request... read more »
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Avatar Posted by lam231 462 days ago (http://www.indopia.in)
(India) Tamil Nadu Newsprint& Papers today reported a decline of 22.46 per cent in its net profit at Rs 21.23 crore in the quarter ended March 31, 2009, over the same period last year... read more »
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Avatar Posted by lam231 462 days ago (http://www.bizjournals.com)
(USA) Verso Paper Corp. has announced a plan to issue $325 million in senior debt as part of a debt restructuring effort... read more »
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Avatar Posted by paperperson 463 days ago (http://phoenix.corporate-ir.net)
(USA) Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will speak to the investment community on Wednesday, June 3, 2009... read more »
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Avatar Posted by paperperson 468 days ago (http://www.streetinsider.com)
(USA) Morgan Joseph reiterates a 'Buy' on KapStone Paper and Packaging Corp. (Nasdaq: KPPC). Price target increased from $4 to $6... read more »
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Avatar Posted by minhr 470 days ago (http://www.cnw.ca)
(Canada) Domtar Corporation (NYSE/TSX: UFS) today announced that it is commencing a cash tender offer for up to $250 million aggregate principal amount (the "Tender Cap") of its outstanding 7.875% Notes due 2011... read more »
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Avatar Posted by paperperson 471 days ago (Press Release/Editorial)
(Norway) Standard & Poor's Ratings Services lowered its long-term issuer credit ratings on Norway-based forest-product company Norske Skogindustrier ASA (Norske Skog) to 'B+' from 'BB-'. At the same time, the 'B' short-term rating was affirmed. The outlook is negative. read more »
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Avatar Posted by paperperson 471 days ago (http://www.equitybulls.com)
(India) Tamil Nadu Newsprint & Papers Ltd (TNPL) has announced that a meeting of the Board of Directors of the Company will be held on May 27, 2009... read more »
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Avatar Posted by paperperson 471 days ago (http://www.reuters.com)
(USA) Paper producer Cellu Tissue Holdings,rnInc on Tuesday sold $255 million, five-year notes in the 144a private placement market, said IFR, a Thomson Reutersrnpublication... read more »
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Avatar Posted by minhr 513 days ago (http://www.nytimes.com)
(USA/Canada) The newsprint maker AbitibiBowater said Tuesday that some of its lenders had granted one of its units a waiver, after it failed to meet the requirements under a $210 million receivables purchase agreement... read more »
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Avatar Posted by paperperson 518 days ago (http://news.theage.com.au)
(Australia) PaperlinX Ltd's 2009 profit forecast has been downgraded by as much as 64 per cent by analysts after the paper merchant secured an extension of waivers over debt covenant breaches from its bankers... read more »
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Avatar Posted by paperperson 518 days ago (Press Release/Editorial)
(Canada) Company seeks support from Bowater's banks to achieve successful outcome... read more »
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Avatar Posted by paperperson 520 days ago (Press Release/Editorial)
(Canada) AbitibiBowater Inc. and AbitibiBowater Canada has announced that they are not able to file their annual financial statements, accompanying management's discussion and analysis ("MD&A") and related CEO and CFO... read more »
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Avatar Posted by minhr 524 days ago (http://www.ft.com)
(Brazil) Aracruz, one of Brazil's biggest paper and pulp producers, announced a net loss of R$4.19bn ($1.8bn) in 2008 after bets on currency futures went badly wrong... read more »
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Avatar Posted by paperperson 525 days ago (http://vator.tv)
(USA) New Leaf Paper, a company that makes paper out of post consumer waste, raises $5 million... read more »
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