Mercer international inc. announces completion of cdn$160 million revolving credit facility

New york, jan. 21, 2022 (globe newswire) -- mercer international inc., or "mercer", (nasdaq: merc) today announced that certain canadian subsidiaries (the "loan parties") of mercer have entered into a new cdn$160 million joint asset-backed revolving credit facility (the "new facility") with a syndicate of north american bank lenders. the new facility, which will be used for general corporate purposes, replaces two existing revolving credit facilities of certain of the loan parties aggregating cdn$100 million.
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