Tembec Industries Concludes Credit Facility

On March 24, 2005, Tembec Industries Inc. concluded a $150 million credit facility with CIT Business Credit Canada Inc., the Canadian asset-based lending entity of CIBC World Markets Inc. and CIT Group Inc.

Tembec Industries was represented by McCarthy Tétrault LLP with a team that included Warren Goodman, Joel Cabelli, Mathieu Dubord and François Dupuis in Montreal, Stephen Furlan in Toronto, Kevin Wright in Vancouver and Dan Sears and Ira Cooper in Calgary. Correspondents were Patricia Warsaba of Robertson Stromberg Pedersen LLP in Regina, and E. Scott Ransom of Pitblado LLP in Winnipeg.

CIT Business Credit Canada was represented by Stikeman Elliott LLP with a team that included Sharon Polan, Lewis Smith, Gwen Cheung and Wendy Yu in Toronto, and Sterling Dietze and Érik Bégin in Montreal.


Lewis T. Smith Mathieu Dubord E. Scott Ransom Sharon C. Polan Ira Cooper François Dupuis Joel M. Cabelli Wendy S. Yu Warren M. Goodman Gwen Cheung Sterling H. Dietze Stephen Furlan Kevin Wright Érik Bégin


McCarthy Tétrault LLP Robertson Stromberg LLP Pitblado LLP Stikeman Elliott LLP