Credits

Lenzing successfully places sustainable bonded loan of over Euro 500 million. The initial Euro 200 million bond was of such interest to investors from Europe and Asia that the decision was made to increase it to Euro 500 million. Nearly 12% of this ($65 million) was tendered in US dollars.

US LBM Holdings, LLC has amended $275 million revolving credit facility and extends the term of the facility until October 2024. The revolving credit facility was supported by a syndicate of six lenders, including Royal Bank of Canada as administrative agent.

Conifex Timber Inc. (“Conifex”) has amended its lumber segment senior secured credit facility with its senior lenders to, among other things, provide additional short-term liquidity and waive certain covenants and milestones.