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 Tétrault 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).