secwatch.observer — SEC 8-K summary
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Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001193125-23-008974
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523008974/0001193125-23-008974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523008974/d436551d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-008974

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