$MERC

Mercer International Inc. (Nasdaq: MERC) received C$20 million (US$14 million) from the Canadian government to modernize its Peace River mill, including productivity improvements and bio-energy expansion. The funding includes a C$1 million non-repayable and C$19 million repayable contribution, with repayment starting in 2031. The investment supports MPR's broader transformation plan and reflects its role in northern Alberta's economy.

Mercer International (NASDAQ: MERC) shares rose 45% after-hours following a C$20M Canadian government funding commitment to its Alberta pulp mill subsidiary. The funding includes a C$1M non-repayable and C$19M repayable contribution, supporting modernization and expansion plans. The company's CEO highlighted the investment's role in improving productivity and competitiveness.

The Nikkei 225 fell 2.31% to 65,899.30, led by declines in SoftBank Group, Toyota, and other exporters. Core machinery orders in Japan rose 9.7% in June, beating forecasts. U.S. markets also declined, with the Nasdaq down 1.3%.

Mercer International (MERC) reported Q2 2026 operating EBITDA of -$21.0 million and a net loss of $76.0 million, or $1.13 per share, citing higher German fiber costs and a $29.0 million non-cash inventory impairment. Liquidity was $191.7 million. Management discussed restructuring at Torgau, strategic alternatives, and potential leverage-ratio covenant issues.

New Zealand shares fell 0.2% as investors cited softer US markets, ongoing geopolitical tensions, and firmer oil leaving the market without direction. Rocket Lab dropped 7.27% after-hours despite record Q2 revenue of US$234m (+62%) and a higher US$2.36b backlog. Brent rose to US$87.90. Local movers included Mercury, Vector, and PGG Wrightson.

Mercer International Inc. (Nasdaq: MERC) reported Q2 2026 Operating EBITDA of -$21.0 million and net loss of $76.0 million, including a $29.0 million non-cash inventory impairment. The company is restructuring its Torgau facility and pursuing debt-liquidity options with holders of 2028 and 2029 senior notes. “One Goal One Hundred” cost savings target is $100 million by year end.

MERCER INTERNATIONAL INC. (MERC) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 For Immediate Release MERCER INTERNATIONAL INC. REPORTS SECOND QUARTER 2026 RESULTS Selected Highlights • Second quarter Operating EBITDA* of negative $21.0 million (net loss of $76.0 million), including a non-cash inventory impairment of $29.0 million, compared to n

KELLOGG PETER R purchased 419,743 shares of MERCER INTERNATIONAL INC. (MERC) at an average of $0.86 ($0.79–$0.93, $0.36M total) across 15 trades over 2026-06-01 to 2026-06-12.

Moody’s downgraded Mercer International Inc.’s corporate family rating to Caa3 from Caa1, citing higher restructuring/distressed exchange risk. It also cut the probability of default to Caa3-PD and senior unsecured debt to Ca. Moody’s cited persistently high leverage, weak pulp pricing/demand, limited liquidity, and covenant pressure on Mercer’s German credit facility.

Mercer International said its Mercer Rosenthal kraft pulp mill in Germany will extend its maintenance shutdown to cover all of September 2026, from an originally planned two weeks. The Rosenthal site produces about 360,000 tonnes of NBSK annually and runs a biomass power plant, coordinating with production, wood supply, logistics and pulp sales.