(as at September 30, 2016)

  Rate/Coupon Maturity Type Amount authorized
(M CAN$)
Amount drawn or value
(M CAN$)

 Revolving credit facility 1, 2 

Variable rate July 2019 Secured 750 187
           
Long-term notes    
CAN$250million 5.50% July 2021 Unsecured   250
US$550 million 5.50% July 2022 Unsecured   721
US$250 million 5.75% July 2023 Unsecured   328
Other debts of subsidiaries         70
 Other debts without recourse to the Corporation   89
          1,645
Less: Unamortized financing costs   15
TOTAL LONG-TERM DEBT   1,630
Less: Current portion   36
LONG-TERM DEBT         1,594
TOTAL DEBT          
Total long-term debt (including current portion)   1,630
Bank loans and advances   32
          1,662
Less: Cash and Cash equivalents   37
NET DEBT CONSOLIDATED         1,625

 
  1. The Corporation's obligations under the revolving credit facility are secured by the inventory and receivables, as well as by the property, plant and equipment of five of its mills.
  2. The facility can be reimbursed without penalty at the Corporation's option any time prior to maturity.

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