Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Rayonier, L.P. amended credit facility of aggregate principal amount of $800 million, consisting of a revolving credit facility in the initial amount of $200 mill with CoBank, ACB, as administrative agent, swing line lender and an issuing bank, JPMorgan Chase Bank, N.A. and Truist Bank, as co-documentation agents, and CoBank, ACB and AgFirst Farm Credit Bank, as joint lead arrangers and joint bookrunners at periodic interest rate on borrowings under the Credit Agreement is based, at the maturing maturity dates for the Term Loan Facilities were not changed. As such, the 2015 Term Loan Facility maturity date remains April 1, 2028; the 2016 Incremental Ter.
- Instrument
- credit facility
- Principal
- aggregate principal amount of $800 million, consisting of a revolving credit facility in the initial amount of $200 mill
- Counterparty
- CoBank, ACB, as administrative agent, swing line lender and an issuing bank, JPMorgan Chase Bank, N.A. and Truist Bank, as co-documentation agents, and CoBank, ACB and AgFirst Farm Credit Bank, as joint lead arrangers and joint bookrunners
- Rate
- periodic interest rate on borrowings under the Credit Agreement is based, at the
- Maturity
- maturity dates for the Term Loan Facilities were not changed. As such, the 2015 Term Loan Facility maturity date remains April 1, 2028; the 2016 Incremental Ter
- Event
- amendment
Exact text from the filing
The Credit Agreement governs the terms of senior unsecured credit facilities in the aggregate principal amount of $800 million, consisting of a revolving credit facility in the initial amount of $200 million, (the "Revolving Credit Facility"), which includes a $50 million swing line subfacility and a $50 million letter of credit subfacility, and a term loan made to ROC in 2015, the current outstanding principal amount which is $200 million (the "2015 Term Loan Facility"), a term loan made to ROC in 2016, the current outstanding principal amount which is $200 million (the "2016 Incremental Term Loan Facility") and a term loan made to RLP in 2021, the current outstanding principal amount which is $200 million (the "2021 Incremental Term Loan Facility," together with the 2015 Term Loan Facility and the 2016 Incremental Term Loan Facility, the "Term Loan Facilities").
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