Market News of Note

Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 14.9% of the outstanding common stock and which is the largest bondholder of R.R. Donnelley & Sons Company ("RRD" or the "Company") (NYSE: RRD), sent a letter to RRD's Board of Directors (the "Board") following the Board's inaction and lack of engagement with Chatham despite the continued destruction of stockholder value at RRD.

The Offering is part of the financing for, and is conditioned upon the consummation of, the proposed acquisition of Domtar and its subsidiaries by Karta Halten.

Weyerhaeuser Company announced that its board of directors declared an interim supplemental dividend of $0.50 per share on the common stock of the company, payable in cash on October 19, 2021, to holders of record of such common stock as of the close of business on October 5, 2021.

Sylvamo common stock began trading on a "when-issued" basis on the NYSE under the symbol "SLVM WI" on September 14, 2021. On October 1, 2021, "regular way" trading under the symbol "SLVM" is expected to begin. The CUSIP number for the Sylvamo common stock will be 871332 102 when regular way trading begins.

Graphic Packaging International, LLC, the primary operating subsidiary of Graphic Packaging Holding Company, announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds"). The offering is being executed through the Michigan Strategic Fund ("MSF") Private Activity Bond Program.

Smurfit Kappa Group has launched its Green Finance Framework and commences discussions with potential investors on a new green financing transaction.

Sonoco-Alcore S.a.r.l. announced that due to inflationary pressures on the business, it will raise prices by 8 percent on all tube and core grades sold in the Company's EMEA regions. The increase will be effective for all shipments made on or after the 1st September 2021.

International Paper global papers spinoff, Sylvamo Corporation, will host an Investor Day event Sept. 9, from 10 a.m. until noon EDT (9-11 a.m. CDT).

R.R. Donnelley & Sons Company announced that the Company's Board of Directors (the "Board") has amended the Company's stockholder rights plan (the "Rights Plan") to extend its final expiration date to August 28, 2022.

Domtar Corp. said it terminated an offer to repurchase bonds and strip key protections from its debt covenants after investors pushed back against the below-market price offered by the paper manufacturer.

SCA increases prices on brown and white kraftliner by Euro 50 per tonne in Europe. The new prices are valid from October 1, 2021.

As a result, Canfor's BC mills are expected to operate at approximately 80% of production capacity and operating schedules may continue to vary as economic conditions warrant.

Sonoco announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning September 7, 2021.

Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 8 percent, effective with shipments in the United States and Canada, on or after September 10, 2021.

Greif, Inc., a global leader in industrial packaging products and services, announced that it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) and an 8.5 percent increase on all tube and core and protective packaging products.

The ongoing rise of raw material costs, particularly pulp, chemicals and energy in combination with extremely high freight rates due to global logistic constraints make further price adjustments unavoidable.

As a significant, long-term shareholder of RRD, Chatham strongly urges the Board not to renew its value destructive and insulating stockholder rights plan (the "Poison Pill") upon its expiration on August 28, 2021. Moreover, Chatham recommends the Board engage an external advisor to undertake a strategic review of the Company's assets to unlock the intrinsic value of RRD and improve its share price.

Sappi Europe announces a price increase for all its woodfree coated, uncoated and mechanical coated paper grades by no less than 10% across all European markets.

The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.

Lecta announces, with immediate effect, a price increase of up to 15% for new orders of thermal and carbonless papers.

Verso Corporation announced the preliminary results of its "modified Dutch auction" tender offer for the purchase for cash of shares of its Class A common stock, par value $0.01 per share (the "Shares"), having an aggregate purchase price of not more than $55.0 million, which expired at 12:00 midnight, New York City time, at the end of Thursday, June 10, 2021.

Sappi Europe announces a price increase for Transjet, Basejet and Inkjet grades by 8-15 % valid for deliveries from 1 July 2021.

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 15, 2021.

Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after July 26, 2021.

SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from August, 1, 2021.