---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-288889"
form_type: "8-K"
ticker: "SLVM"
cik: "0001856485"
company_name: "Sylvamo Corp"
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-29T00:07:33.418073+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sylvamo completes spin-off from International Paper; $1.07B debt, 80.1% distribution

## Summary
- IP contributed printing papers business to Sylvamo for $1.6B cash and 44.1M shares.
- Sylvamo borrowed $1.07B under senior secured credit facilities (revolver, Term Loan B, Term Loan F).
- IP distributed 35.3M shares (80.1%) to IP shareholders on Oct 1, 2021; IP retains 8.8M shares (19.9%).
- Amended and restated certificate of incorporation and bylaws effective with spin-off.
- Spin-off intended to qualify as tax-free under Sections 355(a) and 368(a)(1)(D) of the Code.

## SEC filing metadata
- accession: 0001193125-21-288889
- form_type: 8-K
- ticker: SLVM
- cik: 0001856485
- company_name: Sylvamo Corp
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856485/000119312521288889/0001193125-21-288889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856485/000119312521288889/d237619d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-288889
- JSON: https://secwatch.observer/filing/0001193125-21-288889.json
- Plain text: https://secwatch.observer/filing/0001193125-21-288889.txt

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