Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Rayonier, L.P. amended credit facility of $1,809.5 million 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, AgFirst Farm Credit Bank, and AgWest Farm Credit, PCA, as joint lead arrangers and joint bookrunners at Term SOFR Rate or a Daily Simple SOFR Rate plus an applicable margin (currently maturing August 15, 2030 for the Revolving Credit Facility; maturities ranging from April 28, 2026 to June 1, 2029 for the Continuing Rayonier Term Loans; maturities ran.
- Instrument
- credit facility
- Principal
- $1,809.5 million
- 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, AgFirst Farm Credit Bank, and AgWest Farm Credit, PCA, as joint lead arrangers and joint bookrunners
- Rate
- Term SOFR Rate or a Daily Simple SOFR Rate plus an applicable margin (currently
- Maturity
- August 15, 2030 for the Revolving Credit Facility; maturities ranging from April 28, 2026 to June 1, 2029 for the Continuing Rayonier Term Loans; maturities ran
- Event
- amendment
Exact text from the filing
have the meanings ascribed to them in the Credit Agreement. The Credit Agreement governs the terms of senior unsecured credit facilities in the aggregate principal amount of $1,809.5 million, consisting of: • a $200 million revolving credit facility (the “Revolving Credit Facility”), which includes a $50 million swing line subfacility and a $50 million letter of
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Rayonier, L.P. entered into Second Amended and Restated Credit Agreement 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, AgFirst Farm Credit Bank, and AgWest Farm Credit, PCA, as joint lead arrangers and joint bookrunners valued at $1,809.5 million (effective 2026-01-30).
- Action
- entry
- Agreement
- credit facility
- 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, AgFirst Farm Credit Bank, and AgWest Farm Credit, PCA, as joint lead arrangers and joint bookrunners
- Value
- $1,809.5 million
- Effective
- 2026-01-30
Exact text from the filing
On January 30, 2026, Rayonier Inc. (“Rayonier”), Rayonier TRS Holdings Inc. (“TRS”), Rayonier Operating Company LLC (“ROC”), Rayonier, L.P. (“RLP”), PotlatchDeltic Forest Holdings, LLC (“Potlatch Forest”) and PotlatchDeltic Land & Lumber, LLC (“Potlatch Land & Lumber”; collectively with Rayonier, TRS, ROC, RLP and Potlatch Forest, each individually a “Borrower” and collectively, the “Borrowers”) entered into a Second Amended and Restated Credit Agreement (the “Credit Agreement”)
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