Quantcast
Viewing all articles
Browse latest Browse all 267

Norbord Announces Closing of Senior Secured Notes Offering And Redemption of 2015 Notes (Norbord Inc)

(Source: Norbord Inc) Nov 27, 2013 | Posted in Nouvelles, Nouvelles d'entreprise Note:  Financial references in US dollars unless otherwise indicated. TORONTO, ON (November 26, 2013) - Norbord Inc. (TSX: NBD, NBD.WT) today announced the closing of its offering of US$240 million in aggregate principal amount of senior secured notes (the 2020 Notes).  The 2020 Notes are due December 1, 2020 and bear interest at an annual rate of 5.375%. As previously announced, the net proceeds from this issue will be used to redeem the US$240 million of 6.25% senior notes due 2015 and 6.25% senior secured notes due 2015 (the 2015 Notes). Today, Norbord has given notice to the registered holders...

Viewing all articles
Browse latest Browse all 267

Trending Articles