{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-001028","form_type":"8-K","ticker":"RYAM","cik":"0001597672","company_name":"RAYONIER ADVANCED MATERIALS INC.","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.756758+00:00","generated_at":"2026-06-07T04:40:50.716092+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"RYAM amends term loan credit agreement for financial covenant relief through FY 2024","bullets":["Amendment increases max consolidated secured net leverage ratio to 5.25x for Q4 2023 through Q2 2024.","Ratio steps down to 5.00x (Q3 2024), 4.75x (Q4 2024), then 4.50x thereafter.","RYAM pays lenders certain fees in connection with the amendment.","CEO states amendment provides operational flexibility and liquidity to execute strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-001028","json":"https://secwatch.observer/filing/0001193125-24-001028.json","markdown":"https://secwatch.observer/filing/0001193125-24-001028.md","text":"https://secwatch.observer/filing/0001193125-24-001028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597672/000119312524001028/0001193125-24-001028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597672/000119312524001028/d596153d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:40:50.716092+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1367242bf29df607aff7cdd8597e881ccdda44b6","claim":"RAYONIER ADVANCED MATERIALS INC. amended Amendment No. 1 to Term Loan Credit Agreement with Oaktree Fund Administration, LLC, as administrative agent, and the lenders party thereto (effective 2024-01-02).","evidence_excerpt":"entered into Amendment No. 1 to Term Loan Credit Agreement (the “Amendment”) with RYAM and its other subsidiaries party thereto, the lenders party thereto and Oaktree Fund Administration, LLC, as administrative agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597672/000119312524001028/0001193125-24-001028-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Oaktree Fund Administration, LLC, as administrative agent, and the lenders party thereto"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}