News Archive: December 2011

Catalyst Paper continues discussions on debt restructuring - defers interest payment

Richmond, BC – Catalyst Paper Corporation (TSX:CTL) today announced that, together with its financial advisor Perella Weinberg Partners, the company is continuing to review alternatives to address its capital structure.  Debt reduction has been identified as a priority given current business and economic conditions and discussions are ongoing with certain holders of its 2016 Notes and 2014 Notes, as described below, and their representatives and advisors. Catalyst announced, in June, that it had begun the capital restructuring review.

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