NewPage Parent Files for Chapter 11 Restructuring

MIAMISBURG, OH—The parent company of NewPage Corp. and some of its U.S. subsidiaries have filed for Chapter 11 bankruptcy in order to facilitate an orderly debt restructuring. NewPage's product portfolio includes coated freesheet, coated groundwood, supercalendered, newsprint and specialty paper.

NewPage Group and certain of its U.S. subsidiaries have commenced voluntary Chapter 11 cases, which are pending in the U.S. Bankruptcy Court for the District of Delaware. The company's Consolidated Water Power subsidiary is not part of the filing.