Resolute Forest Products announces further debt reduction and repurchases additional shares:
Resolute Forest Products Inc. has announced that it would take advantage of its strong liquidity position to redeem an additional $85 million of its 10.25% senior secured notes due 2018.
Resolute also announced that it had now repurchased 3.7 million shares of its common stock under the existing $100 million share repurchase program.
