Rayonier advanced materials issues statement regarding letter from chatham asset management

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse:ryam) (the “company”) issued the following statement today in response to the march 17, 2022 letter from chatham asset management, llc (“chatham”) sent to the independent members of company's board of directors. on march 15, 2022, chatham provided a term sheet proposing that the company refinance the company's 5.5% senior notes maturing in june 2024 (the “senior notes”). the company responded on march 16, 2022, that it
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