secwatch.observer — SEC 8-K summary
======================================

Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001193125-23-184605
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

RYAM actively negotiating refinancing of 5.5% notes due June 2024; discloses Tartas facility financials
--------------------------------------------------------------------------------

- RYAM is in active negotiations to refinance its 5.5% senior unsecured notes maturing June 2024.
- Tartas facility (France): LTM revenue $193M, net assets $208M, income from cont. ops $14M.
- LTM adjusted EBITDA for Tartas $37M.
- Tartas represents ~11% of total revenue, 17% of adjusted EBITDA, and 25% of total net assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523184605/0001193125-23-184605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523184605/d521535d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-184605

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer