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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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