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Mercer International shares are trading higher after the company announced the Government of Canada committed approximately $14 million in financial support for its Mercer Peace River Pulp.

BenzingaBenzinga Newsdesk

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  1. BenzingaBenzinga Newsdesk

    Mercer International Board And Ad Hoc Group Intended To Address Its Upcoming Debt Maturities; Company Is Optimistic That It Will Be Able To Announce Transaction In Near Term; Skipped ~$25.8M Interest Payment Due October 1 On Its 2028 Notes, Opted To Utilize 30-Day Grace Period

    A special committee of independent directors of Mercer International Inc.’s (the "Company") board, together with the Company’s advisors, is in advanced discussions with an ad hoc group of holders (the "Ad