NEW YORK, July 17, 2013 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) today announced that it has priced its previously announced offering of $50 million aggregate principal amount of its 9.5% senior notes due 2017. The additional notes were priced at 104.5% of their principal amount, plus accrued interest, if any, from June 1, 2013. The notes were offered as additional notes under an existing indenture, dated as of November 17, 2010, between Mercer and Wells Fargo Bank, National Association, as trustee, pursuant to which Mercer previously issued $300 million aggregate principal amount of 9.5% senior notes due 2017. The additional notes will have the same CUSIP number, be fully fungible with, rank equally with and form a single series with the Company's existing senior notes. The Company anticipates that the offering will close on or around July 22, 2013, subject to customary closing conditions.
Mercer International Inc. Announces Pricing Of $50 Million Of Senior Notes
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