Cascades subsidiary finances paper mill located in Niagara Falls, New York
Clients Cascades, Inc.
Jones Day represented GreenPac Mill, LLC, a subsidiary of Cascades Inc., in connection with the $430 million project financing for the construction and operation of a new paper mill to be constructed in Niagara Falls, New York. The financing was comprised of equity investments and senior and subordinated credit facilities. The transaction had a broad international scope and has been heralded by Cascades Inc. as the biggest investment made in its history.