Mercer International Strikes Deal to Cut Senior Note Debt 88%
Mercer International struck a restructuring deal to cut its senior note debt by 88%.
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11:50:40 PM UTC
SquawkNews
Mercer International vereinbart Restrukturierung mit Umwandlung von 1.1 Milliarden US-Dollar Schulde
11:52:07 PM UTC
SquawkNews
Mercer International Inc. reached restructuring support agreements with holders of more than 87% of its senior notes and a majority of common shares. The plan addresses $1.275B of notes and provides $400M of fully backstopped new capital; existing shares will be cancelled upon completion.Material D…