NewPage
Corporation announced today that it has filed a Joint Chapter 11 Plan (the
"Plan") with the United States Bankruptcy Court for the District of
Delaware. The Company also requested an extension of time to file the
disclosure statement related to the Plan.
"The
filing of our plan of reorganization is an important and positive step forward
to a successful completion of our financial reorganization," said George
F. Martin, president and chief executive officer. "Discussions with and
among our major creditor groups regarding the plan are ongoing. We are hopeful
that these discussions will lead to broad support for our plan."
