<PAGE> 1
==========================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 13, 2000
MERCER INTERNATIONAL INC.
(Exact Name of Registrant as Specified in Its Charter)
Washington
(State of Incorporation)
0-9409 91-6087550
(Commission File Number) (I.R.S. Employer Identification No.)
Giesshubelstrasse 15, 8045 Zurich, Switzerland
(Address of Principal Executive Offices, including Zip Code)
41 (1) 201 7710
(Registrant's Telephone Number, including Area Code)
==========================================================================
<PAGE> 2
ITEM 5. OTHER EVENTS
Mercer International Inc. (the "Corporation") issued a press release on
November 13, 2000 announcing that it has sold its printing paper mill
located in Hainsberg, Germany (the "Hainsberg Facility").
The Corporation will realize proceeds of approximately DM 9.2 million
(US$4.0 million) plus an amount equal to the net working capital
associated with the Hainsberg Facility from the sale. As a result of the
said sale, the Corporation will record a one-time gain of approximately
US$0.1 million or US$0.01 per share (on a diluted basis) during the fourth
quarter of 2000. The Hainsberg Facility produced recycled printing paper
and had an annual production capacity of approximately 30,000 tonnes. In
fiscal 1999, the Hainsberg Facility produced approximately 29,500 tonnes
of paper, contributed approximately US$18.7 million to the Corporation's
revenues and reported operating income of approximately US$0.1 million.
The Corporation plans to use the sales proceeds for general working
capital purposes.
The sale of the Hainsberg Facility reflected the Corporation's strategy
and goal of concentrating its paper resources on the specialty paper
market.
<PAGE> 3
SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MERCER INTERNATIONAL INC.
By: /s/ Jimmy S.H. Lee
----------------------
Jimmy S.H. Lee
Chairman
Date: November 17, 2000
