Catalyst Paper has completed the C$20 million ($17.8 million) term loan maturing July 31, 2017 it announced earlier in March. The proceeds of the term loan are being used to redeem the remaining $19.4 million of Catalyst's outstanding Floating Rate Senior Secured Notes due 2016.

Wood Pulp

Catalyst Paper completes C$20 million ($17.8 million) long-term loan maturing July 31, 2017

Mar 21, 2014. /Lesprom Network/. Catalyst Paper has completed the C$20 million ($17.8 million) term loan maturing July 31, 2017 it announced earlier in March. The proceeds of the term loan are being used to redeem the remaining $19.4 million of Catalyst's outstanding Floating Rate Senior Secured Notes due 2016, as the company said in the press release received by Lesprom Network.

Catalyst Paper manufactures diverse specialty mechanical printing papers, newsprint and pulp.