Rayonier Advanced Materials Stock Forum

$Rayonier Advanced Materials (RYAM.US)$
RYAM Announces Strong Third Quarter 2024 Results, Reiterates EBITDA Guidance, Increases Free Cash Flow Guidance and Successfully Refinances its Capital Structure
Rayonier Advanced Materials (RYAM)reported Q3 2024 results with net sales of $401 million, up $32 million from prior year. Despite a net loss of $33 million, including a $25 million non-cash asset impairment and $7 million suspension charges, Adjusted EBITDA increased to $51 million. The comp...

$Rayonier Advanced Materials (RYAM.US)$
RYAM Raises $700 million of Debt to Refinance its Capital Structure
Rayonier Advanced Materials (NYSE: RYAM) has secured a $700 million Term Loan from funds managed by Oaktree Capital Management, Silver Point Capital, and Blue Torch Capital. The financing will be used to refinance existing debt obligations, including 2026 senior secured notes and 2027 secured term loan. The new Term Loan features a three-month Term SOFR plus 7% interest rate, adjustable...

$Rayonier Advanced Materials (RYAM.US)$ P/L= + 8.01%

$Rayonier Advanced Materials (RYAM.US)$
Altamaha Green Energy Receives Certified Purchase Power Agreement
Altamaha Green Energy (AGE), a joint venture between Beasley Green Power, and Rayonier Advanced Materials (RYAM), has received certification from the Georgia Public Service Commission for a Power Purchase Agreement. This agreement allows AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a 30-year period.
The project, still in development, aims to utilize ren...

$Rayonier Advanced Materials (RYAM.US)$ 👀watching horizontal channel breakout 4th attempt