Sep 21, 2012. /Lesprom Network/. P. H. Glatfelter has priced its offering of $250 million in aggregate principal amount of 5.375% senior notes due 2020 (the “Notes”), which represents an increase of $50 million of its previously announced offering. The offering of the Notes is expected to close on October 3, 2012, subject to certain closing conditions, as the company said in the press release received by Lesprom Network. The net proceeds from the offering of the Notes are expected to be used to fund the previously announced cash tender offer by Glatfelter for any and all of its outstanding 7⅛% senior notes due 2016 (“2016 Notes”), to retire any 2016 Notes not purchased in such tender offer through one or more redemptions, subsequent tender offers or open market purchases (although Glatfelter is under no obligation to take any such actions), to repay amounts outstanding under its credit facility and for general corporate purposes. Glatfelter is a global manufacturer of specialty papers and fiber-based engineered materials, offering over a century of experience, technical expertise and world-class service.