Wednesday, May 8, 2013

Resolute Announces Early Solicitation Results

Resolute Forest Products Inc. today announced that holders of $496.5 million principal amount of its 10.25% senior secured notes due 2018 (CUSIP No. 003687AB6) (the "2018 notes"), or 99.1% of the outstanding principal amount, tendered their 2018 notes and delivered consents before 5:00 p.m., New York City time today, the "early tender deadline" under the Company's previously-announced cash tender offer and consent solicitation. Resolute intends to accept for payment on May 8, 2013 , all 2018 notes validly tendered and not validly withdrawn before the early tender deadline. The holders of those notes will receive $1,166.94 per $1,000 principal amount, plus accrued and unpaid interest up to, but not including, the date of payment.