Rayonier Advanced Materials ( (RYAM) ) has shared an update.
Rayonier Advanced Materials Inc. has successfully completed its cash tender offer to buy back its subsidiary’s 7.625% Senior Secured Notes due 2026, totaling $135.5 million, which represents nearly 30% of the outstanding notes. This strategic move by the global cellulose leader underscores its commitment to strengthening its financial position while continuing its operations across the U.S., Canada, and France.
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