Georgia-Pacific expects to cut borrowing costs for an upgrade to a toilet-paper mill in East Baton Rouge Parish by $15 million by financing it with $300 million of Gulf Opportunity Zone bonds.

The paper company said it expects to issue the tax-exempt debt with an interest rate 0.5% to 1% lower than taxables.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.