---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-008974"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:43:07.918944+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RYAM commences $325M senior secured notes offering to redeem 2024 notes

## Summary
- Rayonier A.M. Products Inc. offers $325M aggregate principal of senior secured notes due 2028 in private placement.
- Proceeds plus cash on hand to fully redeem RYAM's 5.50% Senior Notes due 2024.
- Notes will be guaranteed on senior secured basis by RYAM and certain U.S. and Canadian subsidiaries.
- Amendment to ABL credit agreement permits notes issuance and replaces LIBOR with SOFR.

## SEC filing metadata
- accession: 0001193125-23-008974
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000119312523008974/0001193125-23-008974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000119312523008974/d436551d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-008974
- JSON: https://secwatch.observer/filing/0001193125-23-008974.json
- Plain text: https://secwatch.observer/filing/0001193125-23-008974.txt

## Key facts
- Material Agreements
  RAYONIER ADVANCED MATERIALS INC. amended Amendment No. 1 to Revolving Credit Agreement with Bank of America, N.A., as administrative and collateral agent, and the lenders and issuing banks party thereto (effective 2023-01-17).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative and collateral agent, and the lenders and issuing banks party thereto
  - Effective: 2023-01-17
  source text: On January 17, 2023, Rayonier A.M. Products Inc. (the “Company”), a wholly owned subsidiary of Rayonier Advanced Materials Inc. (“RYAM”), entered into Amendment No. 1 to Revolving Credit Agreement (the “Amendment”) amending its Revolving Credit Agreement, dated as of December 10, 2020, among RYAM, the Company, the other subsidiaries of RYAM from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative and collateral agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000119312523008974/0001193125-23-008974-index.htm

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