(as at September 30, 2018)

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

 Revolving credit facility 1, 2 

Variable rate July 2022 Secured 750 215
           
Long-term notes    
CAN$250million 5.50% July 2021 Unsecured   250
US$400million 5.50% July 2022 Unsecured   516
US$200million 5.75% July 2023 Unsecured   258
Other debts of subsidiaries         124
 Other debts without recourse to the Corporation   338
         

1,701

Less: Unamortized financing costs   9
TOTAL LONG-TERM DEBT   1,692
Less: Current portion   44
LONG-TERM DEBT         1,648
TOTAL DEBT          
Total long-term debt (including current portion)   1,692
Bank loans and advances   20
          1,712
Less: Cash and Cash equivalents   139
NET DEBT CONSOLIDATED         1,573

 
  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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