secwatch.observer — SEC 8-K summary
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Issuer:     WEYERHAEUSER CO (WY)
CIK:        0000106535
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0000950170-23-008169
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyerhaeuser enters new $1.5B five-year unsecured revolving credit facility expiring March 2028
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- New $1.5B senior unsecured revolver replaces existing $1.5B facility due Jan 2025; new facility expires March 2028.
- Borrowings bear interest at adjusted term SOFR or base rate plus spread, depending on Weyerhaeuser's credit rating.
- Key covenants: minimum adjusted shareholders' equity of $3.0B and funded debt ratio ≤65%.
- Facility may be used for general corporate purposes including working capital, acquisitions, stock repurchases, capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106535/000095017023008169/0000950170-23-008169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106535/000095017023008169/wy-20230313.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-008169

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