Monday 17. August 2009
Affiliate of NewPage Corporation Announces Extension of Tender Offer for Subordinated Notes
NP Investor LLC (“NPI”), an affiliate of Cerberus Capital Management, L.P., the indirect controlling shareholder of NewPage Corporation (“NewPage”), announced today that it has extended the Withdrawal Deadline, Early Participation Time and Expiration Time for its previously announced cash tender offer (the “Offer”) to purchase certain of NewPage Holding Corporation’s outstanding Floating Rate Senior Unsecured PIK Notes due 2013 (the “NewPage Holding PIK Notes”) and NewPage’s outstanding 12% Senior Subordinated Notes due 2013 (the “12% Senior Subordinated Notes” and, together with the NewPage Holding PIK Notes, the “Subordinated Notes”).