G-P Announces Debt Refinancing
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Georgia-Pacific, Atlanta, Ga., USA, this week announced that it expects to raise $3 billion to $3.5 billion in unsecured financing to refinance its secured indebtedness outstanding under its existing senior secured credit facilities. Additionally, the company said it expects to syndicate an unsecured revolver to refinance its existing revolver under its senior secured credit facilities. As a result of the refinancing, the company expects to have an unsecured capital structure.
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