Ryam raises $700 million of debt to refinance its capital structure

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse: ryam) (the “company” or “ryam”), the global leader in high purity cellulose, announced it has raised $700 million in aggregate principal amount of secured term loan financing (the “term loan”) from funds managed by oaktree capital management, l.p., as lead lender, as well as certain affiliates and managed funds of silver point capital, l.p. and blue torch capital llc. proceeds from the term loan, along with cash from t.
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