Aug 31 (Reuters) - KP Tissue Inc KPT.TO :
* Kruger Products announces plan to redeem 8% senior unsecured notes
* Kruger Products L.P. plans to redeem outstanding $175 million principal
amount of 8% senior unsecured notes due August 9, 2018
* Kruger Products entered a commitment letter with national bank of Canada to
increase its existing credit facility from $125 million to $300 million
* Says refinancing will enable co to reduce interest expense by approximately
$9 million annually
* In accordance with the indenture for notes by Kruger Products L.P., redemption price is 104% of principal amount of notes
* Source text for Eikon ID:nCCN2s0rWK
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