---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-047175"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:03:38.657181+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYAM raises €67M green capital for BioNova subsidiary; targets $40M+ EBITDA by 2027

## Summary
- €37M secured term loans from Crédit Lyonnais, Arkéa Banque, BNP Paribas at ~5% floating rate, ~7-year maturity.
- €30M preferred equity from Swen Capital Partners for 20% stake in RYAM BioNova SAS; subsidiary valued >$160M.
- Funds to be used for second-generation bioethanol plant and prebiotics projects.
- CEO expects BioNova initiatives to generate over $40M EBITDA in 2027.

## SEC filing metadata
- accession: 0001140361-24-047175
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000114036124047175/0001140361-24-047175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000114036124047175/ef20038813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-047175
- JSON: https://secwatch.observer/filing/0001140361-24-047175.json
- Plain text: https://secwatch.observer/filing/0001140361-24-047175.txt

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