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Georgia-Pacific Closes $500 Million Senior Notes Offering

Press release from the issuing company

ATLANTA, June 3 -- Georgia-Pacific Corp. today closed its $500 million senior notes offering, consisting of $150 million of 8 percent notes due 2014 and $350 million of 7.375 percent notes due 2008. The 8 percent notes due 2014 will be callable at the company's option beginning in 2009. Net proceeds from the offering will be used to repay a portion of amounts outstanding under the company's revolving credit facility. These seni