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Cascades Inc (CAS.TO)

CAS.TO on Toronto Stock Exchange

12.15CAD
6 Dec 2019
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$-0.04 (-0.33%)
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Latest Key Developments (Source: Significant Developments)

Cascades Upsizes And Prices Offering Of Senior Notes
Thursday, 14 Nov 2019 

Nov 13 (Reuters) - Cascades Inc ::CASCADES INC. UPSIZES AND PRICES OFFERING OF US$350 MILLION SENIOR NOTES DUE 2026, US$300 MILLION SENIOR NOTES DUE 2028 AND CDN$175 MILLION SENIOR NOTES DUE 2025.CASCADES INC - PRICED ITS PRIVATE PLACEMENT OF US$350 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.125% SENIOR NOTES DUE 2026.CASCADES INC - PRICED ITS PRIVATE PLACEMENT US$300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.375% SENIOR NOTES DUE 2028.CASCADES INC - PRICED ITS PRIVATE PLACEMENT CDN$175 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.125% SENIOR NOTES DUE 2025.CASCADES INC - US$350 MILLION 2026 NOTES WILL BE ISSUED AT A PRICE OF 100% OF THEIR PRINCIPAL AMOUNT.CASCADES INC - US$300 MILLION 2028 NOTES WILL BE ISSUED AT A PRICE OF 100% OF THEIR PRINCIPAL AMOUNT.CASCADES INC - CDN$175 MILLION NOTES WILL BE ISSUED AT A PRICE OF 100% OF THEIR PRINCIPAL AMOUNT.  Full Article

Cascades Announces Proposed Private Offering Of Us$300 Million Senior Notes Due 2026
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Cascades Inc ::CASCADES INC. ANNOUNCES PROPOSED PRIVATE OFFERING OF US$300 MILLION SENIOR NOTES DUE 2026, US$300 MILLION SENIOR NOTES DUE 2028 AND CDN$175 MILLION SENIOR NOTES DUE 2025.CASCADES - TO USE NET PROCEEDS TO REDEEM ALL OF ITS OUTSTANDING $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.50% SENIOR NOTES DUE 2022.CASCADES INC - TO USE NET PROCEEDS TO REDEEM OUTSTANDING CDN$250 MILLION OF 5.50% SENIOR NOTES DUE 2021.CASCADES - TO USE NET PROCEEDS TO REPAY CERTAIN AMOUNTS OUTSTANDING UNDER ITS REVOLVING CREDIT FACILITY.  Full Article

Cascades Q3 Adjusted Earnings Per Share C$0.30
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Cascades Inc ::CASCADES CONTINUES ITS SOLID PERFORMANCE IN THE THIRD QUARTER OF 2019; POSITIVE OUTLOOK IN TISSUE SUPPORTED BY OPERATIONAL IMPROVEMENTS AND RECENT STRATEGIC INITIATIVES.Q3 ADJUSTED EARNINGS PER SHARE C$0.30.Q3 EARNINGS PER SHARE C$0.74.Q3 SALES C$1.264 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.25 BILLION.Q3 EARNINGS PER SHARE ESTIMATE C$0.33 -- REFINITIV IBES DATA.CASCADES - BENEFITED FROM FAVOURABLE RAW MATERIAL PRICING, CUSTOMARY SEASONAL DEMAND LEVELS ACROSS PLATFORMS IN QUARTER.CASCADES- EUROPEAN BOXBOARD PERFORMANCE EXPECTED TO SLIGHTLY FALL SEQUENTIALLY BUT IMPROVE YOY DUE TO LOWER RAW MATERIAL COSTS, MODEST RECOVERY IN VOLUME.CASCADES - ANTICIPATE STABLE RESULTS IN SPECIALTY PRODUCTS YEAR-OVER-YEAR AND SLIGHT DECREASE SEQUENTIALLY IN QUARTER.CASCADES - EXPECT Q4 TO IMPROVE YOY.  Full Article

Cascades Announces Winning Bid At Auction For The Acquisition Of Orchids Paper Products Assets
Friday, 28 Jun 2019 

June 28 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES WINNING BID AT AUCTION FOR THE ACQUISITION OF ORCHIDS PAPER PRODUCTS ASSETS.CASCADES INC - TRANSACTION WILL BE COMPLETED FOR A CASH CONSIDERATION OF US$207 MILLION.CASCADES INC - ORCHIDS PAPER HAS INVESTED MORE THAN US$240 MILLION IN ITS ASSETS AND STRATEGIC SUPPLY ARRANGEMENT WITH FABRICA OVER PAST FIVE YEARS..CASCADES INC - CASCADES AGREEMENT IS SUBJECT TO APPROVAL BY BANKRUPTCY COURT AT A HEARING SCHEDULED FOR JULY 1.  Full Article

Cascades Renews Its Normal Course Issuer Bid
Thursday, 14 Mar 2019 

Cascades Inc ::CASCADES RENEWS ITS NORMAL COURSE ISSUER BID.CASCADES - NOTICE WILL ENABLE CO TO ACQUIRE UP TO 1.9 MILLION SHARES WHICH REPRESENTS ABOUT 2% OF ISSUED & OUTSTANDING COMMON SHARES AS OF MARCH 7.  Full Article

Cascades Increases Financial Flexibility With A 7-Year Term Loan Facility
Saturday, 22 Dec 2018 

Dec 21 (Reuters) - Cascades Inc ::CASCADES INCREASES FINANCIAL FLEXIBILITY WITH THE ADDITION OF A SEVEN YEAR TERM LOAN FACILITY.CASCADES INC - TERM LOAN PROVIDES COMPANY WITH INCREASED FINANCIAL FLEXIBILITY AND WILL REDUCE FINANCING COSTS.CASCADES INC - HAS INCREASED ITS AUTHORIZED CREDIT FACILITY TO ABOUT CAN$1 BILLION TO INCORPORATE ADDITION OF A US$175 MILLION 7-YEAR TERM LOAN.CASCADES-TERM LOAN, WHICH CAN BE REPAID AT ANY TIME, WILL BE USED TO REPAY CERTAIN OF CO'S OUTSTANDING BORROWINGS UNDER ITS EXISTING CREDIT FACILITY.  Full Article

Cascades Q3 Earnings Per Share C$0.38
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES SOLID RESULTS FOR THE THIRD QUARTER OF 2018.Q3 ADJUSTED EARNINGS PER SHARE C$0.40.Q3 EARNINGS PER SHARE C$0.38.Q3 SALES C$1.172 BILLION VERSUS I/B/E/S VIEW C$1.18 BILLION.Q3 EARNINGS PER SHARE VIEW C$0.38 -- THOMSON REUTERS I/B/E/S.CASCADES- EXPECT SOLID MARKET CONDITIONS TO CONTINUE DRIVE RESULTS IN CONTAINERBOARD BUSINESS WITHIN FRAMEWORK OF SOFTER SEASONAL DEMAND TYPICAL OF Q4.  Full Article

Cascades Renews Normal Course Issuer Bid
Thursday, 15 Mar 2018 

March 15 (Reuters) - Cascades Inc ::CASCADES RENEWS ITS NORMAL COURSE ISSUER BID.CASCADES INC - PURCHASES PURSUANT TO NORMAL COURSE ISSUER BID WILL COMMENCE ON MARCH 19, 2018 AND WILL NOT CONTINUE BEYOND MARCH 18, 2019.  Full Article

Cascades Announces Q4 Earnings Per Share C$0.60
Thursday, 1 Mar 2018 

March 1 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES STRONG ANNUAL NET EARNINGS FOR 2017, AND RELEASES RESULTS FOR THE FOURTH QUARTER OF 2017.Q4 EARNINGS PER SHARE C$0.60.QTRLY SALES OF $1,082 MILLION COMPARED TO $1,103 MILLION IN Q3.Q4 EARNINGS PER SHARE VIEW C$0.23 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $0.14.QTRLY DILUTED EARNINGS PER SHARE $0.58.US 2017 TAX REFORM REDUCES FUTURE TAX LIABILITIES BY $57 MILLION IN QUARTER.  Full Article