Rayonier advanced materials announces more than $150 million of deleveraging

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse: ryam, the “company”) announced today that it has provided notice to the trustee under the indenture governing its 7.625% senior secured notes due 2026 (the “secured notes”) that on october 7, 2021 it intends to redeem $25 million of the secured notes pursuant to the special asset sale redemption provisions in such indenture at a redemption price of 103.000% of the aggregate principal amount of secured notes redeemed, p
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