Market News of Note

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.

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.

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.

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

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.

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.

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).

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.

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.

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.

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.

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.

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.

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

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.

International Paper Company announced the early tender results as of 5:00 p.m., New York City time, on June 18, 2021 (the "Early Tender Deadline") for its previously announced cash tender offer (the "Offer") for up to $700 million aggregate purchase price (excluding Accrued Interest (as defined below) and excluding fees and expenses related to the Offer) (the "Aggregate Maximum Amount") of its outstanding 4.400% Notes due 2047 (the "4.400% Notes"), 4.350% Notes due 2048 (the "4.350% Notes"), 4.80% Notes due 2044 (the "4.80% Notes") and 5.000% Notes due 2035 (the "5.000% Notes" and, together with the 4.400% Notes, the 4.350% Notes and the 4.80% Notes, the "Notes").

Sonoco announced it has entered into a new five-year $750 million revolving credit facility (the "Credit Agreement") with a syndicate of banks. The Credit Agreement replaces an existing credit facility entered into on July 20, 2017, and reflects substantially the same terms and conditions.

Sonoco, one of the largest diversified global packaging companies, today announced the purchase of group annuity contracts from Athene Holding Ltd., a leading financial services company specializing in retirement services, which transfers approximately $900 million of the Company's U.S. pension plan obligations to Athene's wholly owned subsidiaries, Athene Annuity and Life Company and Athene Annuity & Life Assurance Company of New York. Athene is a leader within the pension risk transfer industry, partnering with plan sponsors and intermediaries on more than $18.5 billion of transactions to support over 300,000 annuitants as of March 31, 2021.

Sonoco-Alcore S.a.r.l. announced that due to inflationary pressures it will raise prices on all recycled paperboard grades sold in the Company's EMEA regions. The increases will be proportionate and in direct response to the rapidly escalating cost base and will be effective for all shipments made on or after the 1st July 2021.

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

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.

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

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.

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