Nexfor\'s Offering of US$200M in Debt Securities

On March 20, 2001, Nexfor Inc. completed an offering of US$200 million in debt securities in the US and Ontario pursuant to a short-form shelf prospectus filed with the OSC and the SEC under the multi-jurisdictional disclosure system.

The Torys team acting for the underwriters, led by Merrill Lynch, includes Antonella Deo, Jamie Scarlett and Tom Zverina, with assistance from Phil Brown. Nexfor’s counsel in Canada is McCarthy Tétrault, with a team comprised of Daryl McLean and Frank DeLuca (corporate), as well as Douglas R. Thomson (environmental), Gabrielle M. Richards and Jerald M. Wortsman (tax). Nexfor’s counsel in the US is Fried Frank Harris Shriver & Jacobson and Underwriters’ counsel in the US is Brown & Wood LLP.