Richmond, BC – Catalyst Paper (TSX: CYT) today announced the decision to indefinitely curtail the No. 9 paper machine, one of three machines at its Powell River operation.
Richmond, BC – Catalyst Paper regrets to report a fatal accident involving a contract truck driver at its Crofton mill on Vancouver Island.
Richmond, (BC) – Catalyst Paper Corporation (TSX: CYT) (“Catalyst” or the “Company”) today announced the terms of a private placement of US$25.0 million aggregate principal amount (the “Offering”) of PIK Toggle Senior Secured Notes (“Offered Notes”), which will form part of the same series as Catalyst’s existing PIK Toggle Senior Secured Notes (the “Existing Notes”) of which there are presently US$235.5 million aggregate principal amount outstanding.
Richmond, (BC) – Catalyst Paper (TSX:CYT) recorded adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of $8.0 million compared to $7.1 million in the previous quarter.
Richmond, (BC) - Catalyst Paper Corporation (TSX: CYT) (“Catalyst” or the “Company”) today announced that it has entered into an Asset Purchase Agreement (the “Agreement”) with NewPage Corporation, NewPage Wisconsin System Inc. and Rumford Paper Company (the “Sellers”) to purchase the Biron paper mill located in Wisconsin and the Rumford pulp and paper mill located in Maine, USA (the “Paper Mills”) for consideration of US$74.0 million, subject to certain adjustments (the “Transaction”).