Catalyst Paper elects early redemption of Notes due 2011

RICHMOND, BC, Jan. 11 /PRNewswire/ - Catalyst Paper Corporation (TSX:CTL) today announced that it has elected to redeem on February 11, 2011 all its outstanding 8 5/8% Senior Notes due June 15, 2011, in an aggregate principal amount of U.S.$26,027,000, at a redemption price of 100% of the face value of these Senior Notes.

SOURCE Catalyst Paper Corporation

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