NEWPAGE CORPORATION Purchase Agreement (the "Agreement")Purchase Agreement • September 23rd, 2009 • NewPage CORP • Paper mills
NewPage Corporation, a Delaware corporation (the "Company"), proposes, subject to the terms and conditions stated herein, to issue and sell to the Purchasers named in Schedule I hereto (each individually, a "Purchaser" and collectively, the "Purchasers") an aggregate of $1.7 billion principal amount of the Company's 11.375% Senior Secured Notes due 2014 (the "Securities") yielding approximately $1,598,000,000 of gross proceeds (after original issue discount, but before fees and expenses). The Securities are to be issued pursuant to an indenture (the "Indenture"), dated as of September 30, 2009, among the Company, the Guarantors identified on Schedule IV (each a "Guarantor," and collectively, the "Guarantors") and The Bank of New York Mellon, as trustee (the "Trustee"). The Securities will be unconditionally guaranteed as to the payment of principal, premium and interest (including special interest, if any) (the "Guarantees"), by the Guarantors.
