{"schema_version":"secwatch.filing_event.v1","accession":"0000052827-25-000172","form_type":"8-K","ticker":null,"cik":"0001806931","company_name":"Rayonier, L.P.","filed_at":"2025-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.060213+00:00","generated_at":"2026-05-17T11:10:45.991015+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Rayonier amends and restates $800M credit facilities; revolver extended to 2030","bullets":["Total facilities: $200M revolver (extended to Aug 15, 2030) and $600M in three term loans (maturities unchanged: 2026, 2028, 2029).","Revolver maturity extended to August 15, 2030; term loan maturities unchanged from prior agreements.","Interest rates based on Term SOFR plus margin (e.g., revolver SOFR margin 1.250% at Leverage Ratio Level II).","Accordion feature allows revolver increase up to $100M and incremental term loans subject to leverage ratio ≤ 52.5%.","Financial covenants include leverage and interest coverage tests; customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0000052827-25-000172","json":"https://secwatch.observer/filing/0000052827-25-000172.json","markdown":"https://secwatch.observer/filing/0000052827-25-000172.md","text":"https://secwatch.observer/filing/0000052827-25-000172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806931/000005282725000172/0000052827-25-000172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/52827/000005282725000172/ryn-20250815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:10:45.991015+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"99eecfdb8481402ffaea331e66c4a1d55ebce706","claim":"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.","evidence_excerpt":"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\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1806931/000005282725000172/0000052827-25-000172-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"aggregate principal amount of $800 million, consisting of a revolving credit facility in the initial amount of $200 mill"},{"label":"Counterparty","value":"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"},{"label":"Rate","value":"periodic interest rate on borrowings under the Credit Agreement is based, at the"},{"label":"Maturity","value":"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"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}