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.