Mercer International plans Chapter 11 filing with $1.1B debt reduction

Alex Potemkin/E+ via Getty Images
Mercer International (MERC) said after-hours Monday that it plans to file for Chapter 11 bankruptcy as part of a restructuring that would reduce its debt and bring in $400M of new money through a rights offering of new senior
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.