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Published on 11/30/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Rayonier to redeem all $325 million 3¾% notes due 2022 on Jan. 4

By Wendy Van Sickle

Columbus, Ohio, Sept. 22 – Rayonier Advanced Materials Inc. elected to exercise its optional redemption rights to redeem all $325 million of its outstanding 3¾% senior notes due 2022, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued interest on Jan. 4.

Bank of New York Mellon Trust Co., NA is the trustee.

Rayonier is a real estate investment trust, timberland management and cellulose fiber producer based in Wildlight, Fla.


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