Georgia-Pacific Announces Debt Refinancing

July 14, 2011 (Press Release) - Georgia-Pacific LLC today announced that it expects to raise $3 billion to $3.5 billion in unsecured financing to refinance its secured indebtedness outstanding under its existing senior secured credit facilities.

Additionally, the company expects to syndicate an unsecured revolver to refinance its existing revolver under its senior secured credit facilities. As a result of the refinancing, the company expects to have an unsecured capital structure.

This release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

SOURCE: Georgia-Pacific LLC