---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-258873"
form_type: "8-K"
ticker: "SLVM"
cik: "0001856485"
company_name: "Sylvamo Corp"
filed_at: "2022-10-06T23:59:59+00:00"
generated_at: "2026-06-23T05:11:04.838370+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sylvamo completes $420M sale of Russian operations to Pulp Invest; nets ~$390M

## Summary
- Sold Russian paper mill in Svetogorsk and harvesting rights on 860,000 forestland acres for $420M.
- Net proceeds of ~$390M after FX and fees; will use $325M to repay Term Loan B debt.
- Transaction closed Oct 6, 2022; buyer is management buyout vehicle Pulp Invest.
- Pro forma 2021 net sales reduced by $674M to $2,828M; net income from cont. ops reduced to $232M.
- Sale follows May 2022 decision to exit Russia; CEO cites principle-based rationale.

## SEC filing metadata
- accession: 0001193125-22-258873
- form_type: 8-K
- ticker: SLVM
- cik: 0001856485
- company_name: Sylvamo Corp
- filed_at: 2022-10-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856485/000119312522258873/0001193125-22-258873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856485/000119312522258873/d288685d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-258873
- JSON: https://secwatch.observer/filing/0001193125-22-258873.json
- Plain text: https://secwatch.observer/filing/0001193125-22-258873.txt

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