Greenfirst Forest Products Inc T.GFP

Alternate Symbol(s): ICLTF

GreenFirst Forest Products Inc. is focused on sustainable forest management and lumber production. The Company’s business involves the manufacturing, selling, marketing and distributing lumber and paper products. The Company operates in two segments: Forest Products and Paper Products. Through its Forest Products segment, the Company manufactures and markets a wide range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction with by-products from production sold to pulp-producers and the Company’s Paper Products segment. The Paper Products segment manufactures and markets paper grade products used to print newspapers, advertising materials, food service bags and other publications. The Company owns four sawmills located in rich wood baskets operating over six million hectares of FSC certified public Ontario forest lands (FSC-C167905). Its subsidiaries include Kap Corporation, Kap Paper Inc., GreenFirst Forest Products (Ontario) Inc., and others.

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Greenfirst Forest Products Inc > Spin off is a great idea

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Comment by mjh9413on Jul 04, 2024 1:23am

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Post# 36117605

RE:RE:RE:Spin off is a great idea

GFP said it, that it and KAP re inter-dependent. It's a life-line for both companies. It will be interesting to know the terms of that loan agreement (regarding GFP commitments, if any, and the actual terms of what is the term loan, e.g. covenants, drawdown rights, stand-by fees, etc.,), Also, who the 'third-party' lender is.

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