Georgia-Pacific Increases Amount of Revolving Credit Facility
Georgia-Pacific Corp. today announced that it has amended its First Lien Credit Facility to, among other things, increase the amount of the revolving credit facility by $250 million to $1.75 billion. In addition, Georgia-Pacific has amended its First Lien Credit Facility and Second Lien Credit Facility to provide, among other things, that $250 million of the loans previously advanced under the Second Lien Credit Facility will be reallocated to the First Lien Credit Facility as Term B Loans.
Headquartered at Atlanta, Georgia-Pacific is one of the world’s leading manufacturers and marketers of tissue, packaging, paper, pulp, and building products and related chemicals. The company employs approximately 55,000 people at more than 300 locations in North America and Europe. Its familiar consumer tissue brands include Quilted Northern®, Angel Soft®, Brawny®, Sparkle®, Soft 'n Gentle®, Mardi Gras®, So-Dri® and Vanity Fair®, as well as the Dixie® brand of disposable cups, plates and cutlery. Georgia-Pacific’s building products manufacturing business has long been among the nation’s leading suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers. For more information, visit www.gp.com.