PAPER EXCELLENCE

Domtar Corporation and Karta Halten B.V., Through Its Subsidiary Pearl Merger Sub Inc., Announce the Pricing of Private Offering of Senior Secured Notes Due 2028

Retrieved on: 
Friday, October 1, 2021
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The Offering is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

Key Points: 
  • The Offering is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
  • The issuance and sale of the Notes is scheduled to settle on or about October 18, 2021, subject to customary closing conditions.
  • View the full release here: https://www.businesswire.com/news/home/20211001005721/en/
    The Offering is part of the financing for, and is conditioned upon the consummation of, the proposed acquisition of Domtar and its subsidiaries by Karta Halten.
  • Merger Sub has been formed for the sole purpose of completing the acquisition and, at the closing of the acquisition, will be merged with and into Domtar (the Merger), with Domtar surviving the Merger and becoming the issuer of the Notes.

Domtar Corporation and Karta Halten B.V., through its subsidiary Pearl Merger Sub Inc., Announce the launch of Private Offering of Senior Secured Notes Due 2028

Retrieved on: 
Tuesday, September 28, 2021
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Debt-to-GDP ratio, Securities Act of 1933, Plan, Partnership, Plant, Tripura Merger Agreement, Annual report, Sale, Private Securities Litigation Reform Act, Intention, Multimedia, Toronto, Contract, Printing, Note, Writing, Corporation, Offering, Communication, Acquisition, Regulation, Paper, Risk, COVID-19, Judgement, Paper Excellence, Lists of disasters, SEC, Sub, Security (finance), Risk management, Paper Excellence, Domtar, PAPER EXCELLENCE, DOMTAR

The Offering will be exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

Key Points: 
  • The Offering will be exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
  • View the full release here: https://www.businesswire.com/news/home/20210928005752/en/
    The Offering is part of the financing for, and is conditioned upon the consummation of, the proposed acquisition of Domtar and its subsidiaries by Karta Halten.
  • Merger Sub has been formed for the sole purpose of completing the acquisition and, at the closing of the acquisition, will be merged with and into Domtar (the Merger), with Domtar surviving the Merger and becoming the issuer of the Notes.
  • As previously announced, Domtar, Karta Halten, Merger Sub, Paper Excellence and Hervey Investments B.V., a private limited company organized under the laws of the Netherlands, entered into an Agreement and Plan of Merger on May 10, 2021 (the Merger Agreement).

Karta Halten B.V. Announces, Through Its Wholly Owned Subsidiary Pearl Merger Sub Inc., the Termination of Its Tender Offers to Purchase for Cash Any and All of Domtar Corporation’s 6.25% Senior Notes Due 2042 and 6.75% Senior Notes Due 2044 and...

Retrieved on: 
Monday, August 30, 2021
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All Notes tendered in the Offers will be returned promptly to the respective holders thereof without any action required on the part of the holders.

Key Points: 
  • All Notes tendered in the Offers will be returned promptly to the respective holders thereof without any action required on the part of the holders.
  • No consideration will be paid in the Offers for any tendered Notes.
  • The Domtar Consent Solicitations were subject to the conditions set forth in the Offer to Purchase.
  • This press release confirms formal termination of the Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations.

Karta Halten B.V. Announces, Through Its Wholly Owned Subsidiary Pearl Merger Sub Inc., the Extension of Its Previously Announced Offers to Purchase for Cash Any and All of Domtar Corporation’s Senior Notes and the Related Consent Solicitations

Retrieved on: 
Monday, August 23, 2021
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The Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations are open to all registered holders of the Notes.

Key Points: 
  • The Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations are open to all registered holders of the Notes.
  • The Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations are made pursuant to the Offer to Purchase, which sets forth a more detailed description of the Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations.
  • Merger Sub is making the Offers and the Offer Consent Solicitations and Domtar is making the Domtar Consent Solicitations only by, and pursuant to, the terms of the Offer to Purchase.
  • The Offers, the Offer Consent Solicitations and the Domtar Consent Solicitations are being made only pursuant to the Offer to Purchase.

Karta Halten B.V. Announces, Through Its Wholly-owned Subsidiary Pearl Merger Sub Inc., Offers to Purchase for Cash Any and All of Domtar Corporation’s 6.25% Senior Notes Due 2042 and 6.75% Senior Notes Due 2044 and Related Consent Solicitations

Retrieved on: 
Monday, August 9, 2021
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Among other conditions, each Offer is conditioned upon the substantially concurrent or prior closing of the Merger.

Key Points: 
  • Among other conditions, each Offer is conditioned upon the substantially concurrent or prior closing of the Merger.
  • Holders who receive the Change of Control Consent Solicitation Payment will not be entitled to any accrued or unpaid interest.
  • Merger Sub is making the Offers and Domtar is making the Domtar Consent Solicitations only by, and pursuant to, the terms of the Offer to Purchase.
  • The Offers and Domtar Consent Solicitations are being made only pursuant to the Offer to Purchase.

Paper Excellence Enters Into Definitive Agreement to Acquire Domtar for $55.50 Per Share in Cash

Retrieved on: 
Tuesday, May 11, 2021
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Domtar, Fort Mill, South Carolina, Paper Excellence, Companies, Paper Excellence, Domtar, PAPER EXCELLENCE, DOMTAR

As such, Domtar will continue to be led by its management team and Paper Excellence plans to retain its corporate and production locations.\nJoe Ragan, Global Chief Financial Officer of Paper Excellence, commented, \xe2\x80\x9cWe are excited to add Domtar and its employees to the Paper Excellence global family.

Key Points: 
  • As such, Domtar will continue to be led by its management team and Paper Excellence plans to retain its corporate and production locations.\nJoe Ragan, Global Chief Financial Officer of Paper Excellence, commented, \xe2\x80\x9cWe are excited to add Domtar and its employees to the Paper Excellence global family.
  • \xe2\x80\x9cAs part of Paper Excellence, we will build on that momentum.\xe2\x80\x9d\nThe agreement has been unanimously approved by the Domtar Board of Directors.
  • This communication may be deemed to be solicitation material in respect of the proposed merger between Domtar and Paper Excellence.
  • Paper Excellence is poised to continue to grow with its strategy of operational excellence and high-quality, cost-effective products.