Rayonier advanced materials announces pricing of private offering of $500 million of senior secured notes

Jacksonville, fla.--(business wire)--rayonier advanced materials (nyse: ryam) (“ryam”) today announced that its wholly owned subsidiary, rayonier a.m. products inc. (the “company”), has priced a private offering (the “offering”) of $500 million aggregate principal amount of 7.625% senior secured notes due 2026 (the “notes”), at an offering price of 100% of the principal amount thereof. the company intends to use the net proceeds from the sale of the notes, together with cash on hand, to repay a
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