Nexfor Completes Note Offering

On July 2, 2002, Toronto-based Nexfor Inc. completed an offering of US$250 million principal amount of 7.25 per cent notes due July 1, 2012 in the U.S. under the Canada/U.S. multijurisdictional disclosure system. The syndicate of underwriters was led by Goldman, Sachs & Co., and included Credit Suisse First Boston Corporation, Merrill Lynch & Co., Inc., UBS Warburg and Trilon International Inc.

McCarthy T├ętrault LLP acted for Nexfor, with a team that included Daryl McLean, Frank DeLuca and Stephanie Haladner (corporate/securities), Jim Morand and Jerald Wortsman (tax) and Tallat Hussain (environmental). Fried, Frank, Harris, Shriver & Jacobson acted as U.S. counsel to Nexfor, with a team that included Kenneth Blackman, C.B. Richardson, III, William Millis and Benjamin Kozinn (corporate/securities), Joe Calto (tax) and Richard Schwartz (environmental).

Skadden, Arps, Slate, Meagher & Flom LLP in Toronto represented the underwriters, with a team that included Christopher Morgan, Riccardo Leofanti, Jonathan James, Robert Normandeau and Stephane Raby (corporate/securities), Eric Sensenbrenner (tax) and Hank Eisenberg (environmental).

Lawyer(s)

Karen Gordon Stéphane Raby Kenneth R. Blackman Jerald M. Wortsman Eric Sensenbrenner Vicky Eatrides Joseph Calto James G. Morand Riccardo Leofanti Tallat Hussain Richard M. Schwartz Robert A. Normandeau Frank A. DeLuca

Firm(s)

McCarthy Tétrault LLP Fried, Frank, Harris, Shriver & Jacobson LLP Skadden, Arps, Slate, Meagher & Flom LLP Skadden, Arps, Slate, Meagher & Flom LLP