All financial information is in U.S. dollars, unless otherwise noted.)
Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced that it has priced an offering of 6.25% senior notes due 2042, in an aggregate principal amount of $250 million.
The Company intends to use the net proceeds from the offering for general corporate purposes, including, without limitation, capital expenditures and strategic acquisitions.
J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are acting as the joint book-running managers of the offering.
The notes are being offered pursuant to the Company's registration statement on Form S-3 filed with the Securities and Exchange Commission (SEC) on August 20, 2012. The proposed offering is being made only by means of a prospectus. The preliminary prospectus may be obtained on the SEC website at www.sec.gov. Alternatively, a copy of the prospectus for the offering can be obtained from J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, telephone at (212) 834-4333; from Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, telephone at (866) 718-1649; or from RBC Capital Markets, LLC, Three World Financial Center, 200 Vesey Street, 8th Floor, New York, New York 10281, telephone at (866) 375-6829.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of the senior notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any jurisdiction. Any offer, solicitation or sale will be made only by means of the prospectus.
