SPOKANE, WA — Clearwater Paper Corporation announced Monday that it has refinanced its senior notes due in 2028 and replaced two existing credit facilities with a new $475 million financing package.
The company entered into an amended and restated credit agreement Sept. 18 with AgWest Farm Credit, PCA, serving as the administrative agent for a group of lenders.
The agreement includes a $200 million revolving credit facility, with approximately $15 million outstanding at closing, and a $275 million term loan that was fully funded at closing…