Mercer International Inc. Announces Pricing of Private Add-On Offering of Senior Notes

Core Viewpoint - Mercer International Inc. announced a private offering of $200 million in 12.875$300 million of its existing 5.500% senior notes due 2026 [1][4]. Group 1: Offering Details - The Additional Notes are priced at 103.000% of their principal amount, yielding 11.624% [1]. - The offering is expected to close on or around October 30, 2024, subject to customary closing conditions [3]. Group 2: Existing Notes - The Additional Notes are being issued under an existing indenture from September 21, 2023, which previously included $200 million of the same senior notes [2]. Group 3: Company Overview - Mercer International Inc. operates in the forest products industry with a consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210,000 cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets, and 230,000 metric tonnes of biofuels [4].