Mercer International Inc. intends to offer for sale $200 million in aggregate principal amount of senior notes due 2028.

The company intends to use the net proceeds of the offering to pay down borrowings under its Canadian revolving credit facility, and for working capital and general corporate purposes, including discretionary capital projects at its facilities.

The 2028 Notes will be offered and sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The 2028 Notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

Mercer International Inc. is a global forest products company with operations in Germany, United States and Canada with a consolidated annual production capacity of 2.3 million tons of pulp, 960 million board feet of lumber, 210 thousand cubic meters of cross-laminated timber, 45 thousand cubic meters of glulam, 17 million pallets and 230,000 metric tons of biofuels.

Mercer International Inc. recently completed the acquisition of substantially all of the assets of Structurlam Mass Timber Corporation and its subsidiaries.