Brief: Chatham Asset Management Sends Letter To Rayonier Advanced Materials Board Of Directors

Rayonier Advanced Materials

17/03/2022 19:48

March 17 (Reuters) - Chatham Asset Management: 
    * CHATHAM ASSET MANAGEMENT SENDS LETTER TO RAYONIER ADVANCED
MATERIALS BOARD OF DIRECTORS
    * CHATHAM ASSET MANAGEMENT - SUGGESTS RAYONIER ADVANCED
MATERIALS
UNDERTAKE AN EXCHANGE OFFER FOR ITS 2024 NOTES
    * CHATHAM- URGES RAYONEIR TO TAKE ACTION TO REDUCE GROSS
DEBT AND
BALANCE SHEET RISK
    * CHATHAM ASSET MANAGEMENT - BENEFICIALLY OWNING
APPROXIMATELY
6.3% OF RAYONIER ADVANCED MATERIALS STOCK
    * CHATHAM - PROPOSED A BUYBACK OF A PORTION OF 2024 NOTES
THAT
CHATHAM OWNS TO RAYONIER ADVANCED MATERIALS MANAGEMENT

Source text for Eikon:  ID:nBw1DcPp7a 
Further company coverage:  RYAM.N 

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