Item 8.01 Other Events.

On October 14, 2021, Glatfelter Corporation (the "Company") issued a press release announcing that it had priced its offering of $500 million aggregate principal amount of 4.750% senior notes due 2029 (the "Notes"). Each of the Company's existing and future domestic restricted subsidiaries that guarantees the Company's obligations under the Company's credit facility (the "Credit Facility"), which includes the Company's revolving credit facility and term loan A facility, and/or certain other indebtedness, will guarantee the Notes on a senior unsecured basis. The offering of the Notes is expected to close on October 25, 2021, subject to certain closing conditions.

The net proceeds from the offering of the Notes, together with cash on hand, are expected to be used to pay the purchase price of the acquisition of PMM Holding (Luxembourg) AG ("Jacob Holm"), to repay certain indebtedness of Jacob Holm, to repay outstanding revolving borrowings under the Credit Facility, and to pay estimated fees and expenses.

A copy of the press release is attached to this Current Report on Form 8-K ("Form 8-K") as Exhibit 99.1 and is incorporated herein by reference.

This Form 8-K, including the exhibit attached hereto, does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state or other jurisdiction, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The initial purchasers of the Notes are offering the Notes only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, or outside the United States to certain persons in reliance on Regulation S under the Securities Act.

--------------------------------------------------------------------------------

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits



Exhibit
  No.       Description

99.1          Press release issued by Glatfelter Corporation on October 14, 2021.


104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses