RYAM subsidiary commences cash tender offer for $452.6M in 7.625% Secured Notes due 2026

RAYONIER ADVANCED MATERIALS INC.

Issuer Rayonier A.M. Products offers to purchase any and all of its $452.6M 7.625% Senior Secured Notes due 2026 at par plus accrued interest.
Tender offer expires November 4, 2024; settlement expected November 7, 2024.
Offer conditioned on completion of sufficient debt financing to fund purchase; no minimum tender condition.
Issuer intends to legally defease any untendered notes but is not obligated to do so.
Dealer manager: Houlihan Lokey; information and tender agent: Global Bondholder Services.

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