Integrated Asset Management Corp. ("IAM") (TSX:IAM) and its private corporate
debt group, Integrated Private Debt Corp. ("IPD"), announce the closing on June
29, 2012 of a $30 million senior loan to Tembec Energy LP, a subsidiary of
Tembec Inc. ("Tembec") (TSX:TMB).


The funding provided by IPD comprises the senior debt component of the $190
million co-generation facility at Tembec's Temiscaming, QC specialty cellulose
facility.


Tembec is a manufacturer of forest products - lumber, pulp, paper, and specialty
cellulose - and a global leader in sustainable forest management practices.
Principal operations are in Canada and France. Tembec has some 4,000 employees
and annual sales of approximately $2 billion. Tembec is listed on the TSX (TMB).
Additional information on Tembec is available on its website at www.tembec.com.


Philip Robson, President of IPD said "We are excited to be a part of this
significant investment that Tembec is making in its world class specialty
cellulose manufacturing facility by providing long term fixed rate financing.
This project represents commitments from Tembec, Hydro Quebec, Investissement
Quebec and IPD and we look forward to the opportunity to grow our presence in
the province by providing funding to more companies in the near future."


IPD manages and provides funding from the $1.1 billion Integrated Private Debt
Fund LPs on behalf of a number of pension funds and other institutional
investors. IPD offers fixed rate, investment grade term loans to mid-market
companies for such purposes as refinancing existing debt, acquisitions, plant
expansion or modernization, project financing and management buyouts.


IAM is one of Canada's leading alternative asset management companies, with
approximately $2.0 billion in assets and committed capital under management in
private corporate debt, real estate, managed futures, private equity and retail
alternative investments.
International Parkside P... (TSXV:IPD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more International Parkside P... Charts.
International Parkside P... (TSXV:IPD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more International Parkside P... Charts.