June 9 (Reuters) - Rayonier Advanced Materials Inc RYAM.N :
* RYAM UPDATES 2022 ADJUSTED EBITDA GUIDANCE AND REAFFIRMS
COMMITMENT TO DEBT REDUCTION
* RAYONIER ADVANCED MATERIALS INC- COMPANY SETS FULL YEAR
2022
ADJUSTED EBITDA GUIDANCE OF APPROXIMATELY $160 MILLION
* RAYONIER ADVANCED MATERIALS INC- AUTHORIZED TO REPAY DEBT
UP TO
$50 MILLION
* RAYONIER ADVANCED MATERIALS INC- EXPECTS TO REDUCE
ADJUSTED NET
DEBT TO APPROXIMATELY $725 MILLION BY END OF 2022
Source text for Eikon: ID:nBw8sq0Ha
Further company coverage: RYAM.N
((Reuters.Briefs@thomsonreuters.com;))