Resolute Forest Products Inc. (NYSE:RFP) will look at acquisition opportunities. Chief Executive Officer of the company, Richard Garneau said: "We now have the flexibility to be able to do something else in terms of growth opportunities." He added that he likes the potential for expansion in lumber and wood pulp.

Resolute Forest Products Inc. announced that holders of $496.5 million principal amount of its 10.25% senior secured notes due 2018, or 99.1% of the outstanding principal amount, tendered their 2018 notes and delivered consents before 5:00 p.m., New York City time May 7, 2013, the early tender deadline under the company's previously-announced cash tender offer and consent solicitation. Resolute intends to accept for payment on May 8, 2013, all 2018 notes validly tendered and not validly withdrawn before the early tender deadline. The holders of those notes will receive $1,166.94 per $1,000 principal amount, plus accrued and unpaid interest up to, but not including, the date of payment. The tender offer will expire at 12:00 midnight, New York City time, on May 21, 2013, unless extended or earlier terminated. This announcement is not an offer to purchase, a solicitation of an offer to sell or a solicitation of consents with respect to the 2018 notes. The tender offer and consent solicitation are made solely by means of the offer to purchase.

Resolute Forest Products Inc. provided capital expenditure guidance for the year 2013. For the year 2013, the company expects to make capital expenditures for compliance and maintenance of business activities of between 55% and 65% of depreciation and amortization. The company also expects to spend between $50 million and $100 million for value creating projects.