• Mercer International entered a restructuring agreement backed by holders of more than 87% of Senior Notes and a majority of shareholders.
• Approximately $1.1 billion of Senior Notes will be exchanged for equity, reducing existing Senior Note debt by approximately 88%.
• A fully backstopped rights offering of new senior secured notes will provide $400 million in new capital.
• Implementation through prepackaged Chapter 11 cases is expected to finish by year-end 2026, subject to regulatory approvals and customary conditions.
• Existing shareholders will receive 8.5% of new common stock and 3.5% of new convertible preferred stock, subject to dilution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercer International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611021849PRIMZONEFULLFEED9868710) on November 02, 2026, and is solely responsible for the information contained therein.