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(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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(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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(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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(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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(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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(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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(Canada) Company seeks support from Bowater's banks to achieve successful outcome... read more »
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(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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(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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(USA) New Leaf Paper, a company that makes paper out of post consumer waste, raises $5 million... read more »
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(Canada) Newsprint giant AbitibiBowater has again staved off a bankruptcy filing for at least a few days after the company said Thursday it has been granted another extension from secured U.S. lenders to come up with a plan to restructure a multibillion-dollar debt load... read more »
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Stock indexes are used extensively to analyze market trends. They also are used to examine economic trends that influence the market but move much more slowly. One index used in this latter fashion surprised me, though it should not have: the Dow Jones U.S. Paper Index... read more »
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(USA)-- Fitch Ratings affirms Empresas CMPC S.A.'s Issuer Default Ratings (IDR) and debt ratings... read more »
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(Canada) AbitibiBowater has announced today that Bowater Finance II LLC, an indirect wholly owned subsidiary of AbitibiBowater, has extended the expiration date for its previously announced private exchange offers... read more »
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(China) Shandong Bohui Paper Industry, a Chinese paper manufacturer, has announced that it will issue up to RMB 975 million in five-year convertible bonds, dropping its original plan to issue corporate bonds, sources reported. read more »
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