---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-045744"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:50:02.355154+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RYAM closes $700M term loan, repays existing debt, extends ABL to 2029

## Summary
- Borrowed $700M under new senior secured term loan facility to refinance existing debt and redeem 7.625% 2026 Notes.
- Amended ABL facility: revolver commitments cut from $200M to $175M; maturity extended to November 2029.
- Prepaid and terminated Existing Term Loan Credit Agreement (July 2023) and Existing Pari Passu Credit Agreement.
- Legally defeased all remaining 2026 Notes; redemption set for Jan 15, 2025 at 100% principal plus accrued interest.

## SEC filing metadata
- accession: 0001140361-24-045744
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000114036124045744/0001140361-24-045744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000114036124045744/ef20038266_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-045744
- JSON: https://secwatch.observer/filing/0001140361-24-045744.json
- Plain text: https://secwatch.observer/filing/0001140361-24-045744.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.