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Kruger Products Inc. Closes Offering of Senior Unsecured Notes Financing

Nov 01, 2024over 1 year ago

Contract Type

partnership

SherbrookeMechanical Or Industrial Engineering

Description

Kruger Products Inc. (KPI) has closed its previously announced offering of senior unsecured notes, issuing CDN $135 million principal amount of 6.625% Senior Unsecured Notes (the “Notes”) due November 1, 2031. The net proceeds will be used to redeem all of KPI’s outstanding 6.00% senior unsecured notes due April 24, 2025 and for general corporate purposes.

Company Information

Company

Produits Kruger

Location

Sherbrooke, Quebec, Canada

About

Produits Kruger inc. est le plus grand fabricant canadien de produits de papier de qualité, à usage domestique, industriel et commercial. L'entreprise dessert le marché de consommation canadien avec des marques renommées telles que Cashmere®, Purex®, et SpongeTowels®. Produits Kruger emploie environ 2 800 personnes et possède dix installations de production en Amérique du Nord. La société se distingue par son engagement envers l'innovation et la qualité dans le secteur des pâtes et papiers.

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