New York, New York, USA, 05 December 2006 -- /PRNewswire/ -- Mercer International Inc. (NASDAQ:MERC) (NASDAQ:TSX:) (NASDAQ:MRI.U) has purchased and cancelled an aggregate of USD 15,245,000 principal amount of the company's senior subordinated convertible notes in exchange for 2,201,035 shares of the company's common stock.

Mercer International Inc. is a global pulp manufacturing company. To obtain further information on the company, visit its Web site at http://www.mercerint.com/.

Source: Mercer International Inc.