Mercer International files for prepackaged Chapter 11 bankruptcy

• Mercer International filed prepackaged Chapter 11 cases with one non-operating subsidiary in the U.S. Bankruptcy Court for the Southern District of Texas.
• The restructuring is expected to reduce existing senior note debt by approximately 88%, eliminating more than $100 million in annual cash interest payments.
• A fully backstopped rights offering is expected to provide approximately $400 million in new capital.
• Completion is expected by year-end 2026, subject to court confirmation, regulatory approvals and other conditions.
• Operating subsidiaries remain outside Chapter 11 and continue normal operations; Nasdaq is expected to suspend trading in the common stock.

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: 202611092200PRIMZONEFULLFEED9873938) on November 10, 2026, and is solely responsible for the information contained therein.