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Paper Products

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Shanying International's 9-month net profit up sharply, to boost unit's capital

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Shanying International Holdings Co Ltd <600567.SS>:Says 9-month net profit up 591.2 percent y/y at 1.4 billion yuan ($211.51 million).Says it plans to boost unit's capital by 400 million yuan.

Youyuan International Holdings to issue convertible bonds of HK$200 mln​ principal amount

Monday, 16 Oct 2017

Oct 16 (Reuters) - Youyuan International Holdings Ltd <2268.HK>::‍Proposed issue of 4.5 percent guaranteed convertible bond in principal amount of HK$200 million due 2018​.Deal at an initial conversion price of HK$4.4625 per conversion share​.‍Net proceeds from subscription are estimated to be about HK$194.3 million​.

Henan Yinge Industrial Investment to sell entire 73.8 pct stake in paper unit for 1 yuan

Saturday, 14 Oct 2017

Oct 14 (Reuters) - Henan Yinge Industrial Investment Co Ltd <600069.SS>:Says it will sell entire 73.8 percent stake in Sichuan-based paper unit for 1 yuan, to controlling shareholder .

Chung Hwa Pulp receives administrative order for air pollution

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Chung Hwa Pulp Corp <1905.TW> ::* Says it received administrative order and will be fined T$1 million by Hualien County government due to violation of air pollution act .

Chung Hwa Pulp receives administrative order for air pollution

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Chung Hwa Pulp Corp <1905.TW> ::* Says it received administrative order and will be fined T$1 million by Hualien County government due to violation of air pollution act .

Norske Skogindustrier with final recapitalization proposal​

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - NORSKE SKOGINDUSTRIER ASA ::‍BOARDS' FINAL RECAPITALIZATION PROPOSAL​.‍KEY TERM IS ISSUANCE OF A NEW SENIOR SECURED EUR 250 MILLION BOND LOAN CARRYING 8.5 % INTEREST WITH A 2022 MATURITY TO OWNERS OF EUR 290 MILLION BOND LOAN AND EUR 100 MILLION NSF-FACILITY.​.‍NEW BOND LOAN WILL HAVE SAME COLLATERAL SECURITY AS TODAY'S SECURED DEBT​.‍WILL PROPOSE AN EQUITY OFFERING BY NORSKE SKOGINDUSTRIER ASA OF UP TO APPROXIMATELY NOK 500 MILLION​.‍KEY TERMS: CONVERSION INTO EQUITY OF ALL OUTSTANDING UNSECURED BOND DEBT AMOUNTING TO APPROXIMATELY EUR 500 MILLION INCLUDING ACCRUED INTEREST​.‍SUBSCRIPTION PRICE WILL BE SET AT A VALUATION OF 6X REVISED 2017 GOE GUIDANCE OF EUR 75 MILLION.​.‍IF PROPOSAL IS SUCCESSFUL, TRANSACTION WILL REDUCE GROUP'S GROSS DEBT FROM APPROXIMATELY NOK 9 BILLION TO APPROXIMATELY NOK 3 BILLION​.SAYS ‍IF PROPOSAL IS NOT SUCCESSFUL, IT IS LIKELY THAT BOARDS OF DIRECTORS WILL FILE FOR VOLUNTARY OR COMPULSORY DEBT NEGOTIATION PROCEEDINGS OR BANKRUPTCY IN NORWEGIAN COURTS.​.

Neenah grows technical products platform with agreement to acquire Coldenhove

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Neenah Paper Inc :Neenah grows technical products platform with agreement to acquire Coldenhove.Neenah Paper Inc - Deal for ‍approximately $45 million​.Neenah Paper Inc - Deal ‍will be financed with available cash and short term borrowings​.Neenah Paper - Deal will be immediately accretive, and will deliver mid-teen EBITDA margins in a growing market​.Neenah Paper Inc - ‍Signed a definitive agreement to purchase all of outstanding equity of W.A. Sanders Coldenhove Holding B.V.​.

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