Cascades announces partial redemption of 2028 senior notes

Cascades Inc., a manufacturer of eco-friendly packaging and hygiene products, announced on August 20, 2026, that it and its indirect wholly-owned subsidiary, Cascades USA Inc., have issued a notice for the partial redemption of its 5.375% senior notes due 2028.

The principal amount to be redeemed is $100 million. In addition, the redemption includes accrued interest of $1,065,625 and any other applicable costs. The redemption date is set for September 19, 2026.

This action is part of the company's strategy to manage its debt structure and enhance financial flexibility. While specific reasons for the redemption were not detailed, it is understood to be a move to optimize the company's capital composition.

Cascades Inc., traded on the Toronto Stock Exchange (TSX: CAS), is a Canadian company focused on sustainable packaging and hygiene solutions. The company regularly reviews its financial position to maintain competitiveness in the packaging industry.