Monday 10. September 2012
Resolute Announces Further Debt Reduction and Share Repurchase Milestone
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) announced today that it would take advantage of its strong liquidity position to redeem an additional $85 million of its 10.25% senior secured notes due 2018. The Company also announced that it had now repurchased 3.7 million shares of its common stock under the existing $100 million share repurchase program.