Jones Day is advising Louisiana-Pacific Corporation ("LP") in connection with the acquisition of Ainsworth Lumber Co. Ltd. pursuant to a plan of arrangement for $1.1 billion. The acquisition consideration consists of cash, shares of LP common stock and the assumption of debt. LP has obtained written commitments from affiliates of Goldman Sachs and Bank of Montreal to provide up to $430 million of senior secured term loan financing. Private equity funds managed by Brookfield Asset Management, which own a majority of the outstanding common stock of Ainsworth, have agreed to vote their shares in favor of the plan of arrangement.

For additional information about this matter,
please contact: Mark E. Betzen

Client(s): Louisiana-Pacific Corporation
Practice(s): M&A, Banking & Finance
Office(s): Dallas