RECAPITALIZATION PLAN DOCUMENTATION
The meetings of the Shareholders and Noteholders to vote on the Recapitalization Plan are scheduled on January 17, 2017. Review the Management Information Circular and all documentation related to the Recapitalization Plan.
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Latest News
Catalyst Paper Announces Mailing of Management Information Circular for its previously announced Proposed Recapitalization & termination of the KGI transaction by the Supporting Parties
Thursday, December 15, 2016
Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that the Management Information Circular containing additional information with respect to the previously announced recapitalization plan (the "Recapitalization") will be filed on SEDAR and EDGAR and mailed to the holders of common shares of Catalyst (the "Shareholders") and the holders (the "Noteholders") of the PIK Toggle Senior Secured Notes due 2017 (the "Notes") on Friday, December 16, 2016.
Catalyst Paper Obtains Interim Court Order for Recapitalization and Commitment Letters for Amended Credit Facilities
Monday, December 12, 2016
Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that it has obtained an interim order of the Supreme Court of British Columbia with respect to the recapitalization plan announced on October 26, 2016 (the "Recapitalization").
Alleged Subsidies to Catalyst Paper Preliminarily Found to be Negligible and Non-countervailable by U.S. Department of Commerce
Monday, November 21, 2016
Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) today announced that the U.S. Department of Commerce (DOC) issued Preliminary Results in its expedited review of Catalyst, finding that Catalyst received a negligible (de minimis) amount of subsidies during the applicable period of review and therefore, subject to confirmation in the DOC’s Final Results, Catalyst’s exports of supercalendered paper (SC) into the U.S. market would not be subject to countervailing duties.
Catalyst reports significantly improved operating results for the third quarter
Tuesday, November 8, 2016
Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) today reported significantly improved operating results for the quarter ended September 30, 2016 despite a non-cash impairment write-down of $186.4 million on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting in a $185.0 million net loss in the quarter.