Group 1 - KP Tissue Inc. announced that Kruger Products Inc. intends to offer CDN $165 million principal amount of Senior Unsecured Notes through a private placement, subject to market conditions [1] - The interest on the Notes will accrue from the issue date and will be payable semi-annually, with guarantees from KPI's existing and future restricted subsidiaries [1][2] - The net proceeds from the Offering will be used to repay borrowings under KPSB's senior credit facilities and for general corporate purposes [2] Group 2 - Kruger Products SB Inc. will become a restricted subsidiary under KPI's senior credit facility, which is expected to improve the credit profile of the restricted group [2] - KPI is a leading manufacturer of quality tissue products in Canada, serving both consumer and commercial markets with well-known brands [6] - KPI operates approximately 10 production facilities in North America and employs around 3,000 people [6]