Rayonier Advanced Materials Inc. in its $700 million private credit term loan financing and five day cash tender offer for its existing senior secured notes due 2026

On October 29, 2024, Rayonier Advanced Materials Inc. (RYAM), a global leader in High Purity Cellulose, announced it has raised $700 million in secured term loan financing from funds managed by Oaktree Capital Management, L.P., Silver Point Capital, L.P. and Blue Torch Capital LLC.  RYAM’s wholly owned subsidiary, Rayonier A.M. Products Inc., also announced it initiated a five day cash tender offer to purchase $452,640,000 aggregate principal amount of its 7.625% Senior Secured Notes due 2026.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to the Company.