-- The rating action follows Domtar Corp.'s proposed bond offer of US$250 million. -- We are affirming our 'BB' corporate credit, 'BBB-' senior secured debt, and 'BB-' senior unsecured debt ratings. -- The negative outlook reflects our expectations that weak product demand and lower prices in all of the company's business segments will place pressure on its credit metrics in the near term. TORONTO (Standard&Poor's) June 3, 2009--Standard&Poor's Ratings Services today said it affirmed the ratings, including the 'BB' long-term corporate credit rating, on uncoated free sheet (UFS) producer Domtar Corp. The outlook is negative. We base the affirmation on Domtar's US$250 million bond offering due 2017, the proceeds of which we expect the company to
