NewPage Corporation
Miamsburg, Ohio, USA, 16 September 2009 – NewPage Corporation announced today that it is proposing to offer in a private placement USD 1.2 billion in aggregate principal amount of senior secured notes due 2014. The net proceeds of the notes offering are intended to be used to voluntarily prepay a portion of NewPage's term loan credit and guaranty agreement, dated as of 21 December 2007, as amended on 11 September 2009, and to pay fees and expenses of the notes offering.
|