Chatham asset management sends letter to rayonier advanced materials board of directors regarding proposed refinancing transaction and adoption of stockholder rights plan

Chatham, n.j.--(business wire)--chatham asset management, llc ("chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of rayonier advanced materials (“ryam” or the “company”) (nyse: ryam) and is a substantial bondholder of the company, today sent a letter to ryam's board of directors (the “board”) regarding its response to chatham's proposed refinancing transaction and the board's adoption of an entrenching stockholder
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