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EX-99.1 - EXHIBIT 99.1 - Verso Corpexhibit991temporaryidlea3.htm


UNITED STATES
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 1, 2016

_____________________ 
 
VERSO CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware
 
001-34056
 
75-3217389
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification Number)
 
 
6775 Lenox Center Court, Suite 400
Memphis, Tennessee 38115-4436
(Address of principal executive offices) (zip code)
(901) 369-4100
(Registrant’s telephone number, including area code)

_______________________ 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 7.01        Regulation FD Disclosure.
On November 1, 2016, Verso Corporation (“Verso”) issued a press release announcing that, beginning in the first quarter of 2017, it plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity by approximately 200,000 tons, as well as a digester and recovery boiler that support the No. 3 paper machine.
A copy of the press release is included as Exhibit 99.1 to this report. The press release, including the information contained therein, is furnished pursuant to Item 7.01, is not to be considered “filed” under the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any of Verso’s previous or future filings under the Securities Act of 1933, as amended.
Item 9.01        Financial Statements and Exhibits.
(d)     Exhibits
Exhibit
 
 
 
Number
 
                       Description
 
 
99.1
 
Press release issued by Verso on November 1, 2016.
 





SIGNATURE
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 hereunto duly authorized.
 
Date: November 1, 2016
 
 
 
 
 
 
 
 
VERSO CORPORATION
 
 
 
 
 
 
By:
/s/ Peter H. Kesser
 
 
 
Peter H. Kesser
 
 
 
President, Senior Vice President,    General Counsel and Secretary






EXHIBIT INDEX
Exhibit
Number
 
                       Description
 
 
 
99.1
 
Press release issued by Verso on November 1, 2016.