Glatfelter plans to sell up to $100 million of debt securities
Jan 27, 2010. Glatfelter plans to sell up to $100 million of debt securities during the 1Q 2010 in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended.
Jan 27, 2010. /Lesprom Network/. Glatfelter plans to sell up to $100 million of debt securities during the 1Q 2010 in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended, the company said in a press release received by Lesprom Network.
Glatfelter intends to use the net proceeds from the sale, along with borrowings under its revolving credit facility and cash on hand, to fund the acquisition by its wholly-owned subsidiary, Glatfelter Canada Inc., of Concert Industries Corp.
Glatfelter is a global manufacturer of specialty papers and engineered products, offering over a century of experience, technical expertise and world-class service. U.S. operations include facilities in Spring Grove, PA and Chillicothe and Fremont, OH. International operations include facilities in Germany, France, the United Kingdom and the Philippines and representative office in China and a sales and distribution center in Russia.