Catalyst Paper Corporation recently announced the closing of the private exchange offer and consent solicitation (as amended and supplemented, the "Exchange Offer") of Catalyst’s 11% Senior Secured Notes due December 15, 2016 (the "New Notes") for its outstanding 8 5/8% Senior Notes due June 15, 2011 (the "Old Notes").
The Exchange Offer was closed as scheduled on March 10, 2010 and U.S.$318,676,000 in aggregate principal amount of Old Notes were accepted by Catalyst in exchange for U.S.$280,434,000 in aggregate principal amount of New Notes. Upon the closing of the Exchange Offer, U.S.$35,552,000 aggregate principal amount of Old Notes remain outstanding.
