Dominik Jester

Dominik Jester inquired about the progress of discussions with lenders regarding the extension of Mercer International's two revolving credit facilities (RCFs), the expected timing for conclusion, and whether the new facilities would maintain the same size as the current ones.

Answer

Richard Short (CFO and Secretary) stated that conversations are going well, but the extensions are expected to be more expensive, with banks seeking changes to indentures. He anticipated wrapping up the discussions before the end of Q2. Juan Carlos Bueno (President and Chief Executive Officer) added that there is a push to slightly reduce overall capacity, but not to an uncomfortable level.