GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans

TORONTO -- GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) announces that the Company through one of its subsidiaries has purchased a buy-out group annuity that transfers approximately $26.5 million of defined benefit pension obligations to a Canadian insurance company. The Company’s prudent management of the pension fund is expected to allow the recognition of a net settlement gain of approximately $0.8 million before the end of the year. Read More

GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans

GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans

GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans

GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans
GreenFirst Purchases Buy-Out Group Annuity De-Risking Certain Pension Plans
Ads Links by Easy Branches
Play online games for free at games.easybranches.com
Guest Post Services www.easybranches.com/contribute
Lenders cut rates following supersized drop in funding costs
Rail strike possible in two weeks after labour board rules the work non-essential

YPF Moves to Sell Units as It Ramps Up Divestments in Shale Push