panamericanfin No Comments

Green Bay Paper Products Ltd.

Debt Restructuring

US$ 40,000,000

April 2012

Grand Bay Paper Products Limited (“Grand Bay Paper”) is a Trinidad-based manufacturer of tissue paper products and the leading tissue paper mill in the Caribbean.

Pan American Finance advised Grand Bay Paper, an affiliate of Montreal-based Kruger Group, on the restructuring of US$40.0 million in existing long-term bank debt with the IFC, Royal Bank of Canada, and First Citizens Bank.