VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 6, 2010) – Western Forest Products Inc. (TSX:WEF) (“Western” or “the Company”) announced today that it has received an extension of the maturity date of its $46.5 million non-revolving term debt facility.
Under the terms of the agreement, the maturity date of Western’s non-revolving term loan will be extended from September 9, 2010 to December 31, 2010. The extension will provide Western with additional flexibility as the Company continues to advance its non-core asset sale program and work towards improving its balance sheet.
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