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AbitibiBowater has announced that, with the proceeds from the sale of its 75% indirect interest in ACH Limited Partnership, the company recently redeemed approximately $270 million of its debt. With these disbursements, AbitibiBowater’s total debt has been reduced to a face amount of approximately $670 million. “These recent actions are an important milestone in AbitibiBowater’s [...]
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AbitibiBowater announces debt reduction initiatives
Fri 01 Jul 2011 11:00:02 AM EDTAbitibiBowater has announced that, with the proceeds from the sale of its 75% indirect interest in ACH Limited Partnership, the company recently redeemed approximately $270 million of its debt. With these disbursements, AbitibiBowater’s total debt has been reduced to a face amount of approximately $670 million. “These recent actions are an important milestone in AbitibiBowater’s [...]
Posted by ForestTalk.com
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