Mercer International Inc. (the "company") announced that it intends to offer for sale $225 million in aggregate principal amount of senior notes due 2024. The net proceeds of the offering, together with cash on hand, will be used to redeem all of the company’s currently outstanding 7.000% senior notes due 2019. In connection with the proposed redemption of 2019 notes, the company has issued a conditional notice of redemption to redeem the 2019 notes, of which an aggregate principal amount of $227 million is currently outstanding, at $1,035.00 per $1,000.00 of principal amount redeemed, plus accrued and unpaid interest to, but not including, the redemption date. The redemption date is March 1, 2017 and redemption is conditioned upon completion of the offering and the company's deposit with the paying agent of sufficient funds to pay the redemption price. The 2024 notes will be offered and sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The 2024 notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.