Rayonier Inc. Enters Material Definitive Agreement

TL;DR

RYN just signed a big new loan agreement, watch for debt implications.

AI Summary

On August 15, 2025, Rayonier Inc. entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the company. This agreement is a significant event for the company's financial structure.

Why It Matters

This filing indicates a new financial obligation for Rayonier Inc., which could impact its debt structure and future borrowing capacity.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce financial risk, especially concerning debt levels and interest rates.

Key Players & Entities

• Rayonier Inc. (company) — Filer of the 8-K
• August 15, 2025 (date) — Date of the material definitive agreement
• 1 RAYONIER WAY (location) — Business and mailing address
• WILDLIGHT, FL 32097 (location) — Business and mailing address

FAQ

Key Financial Figures

• $800 m — es in the aggregate principal amount of $800 million, consisting of a revolving credit
• $200 m — redit facility in the initial amount of $200 million, (the "Revolving Credit Facility"
• $50 million — ing Credit Facility"), which includes a $50 million swing line subfacility and a $50 millio
• $200 million — t outstanding principal amount which is $200 million (the "2015 Term Loan Facility"), a term
• $100 million — Credit Facility by a maximum amount of $100 million and request new incremental term loans

Filing Documents

• ryn-20250815.htm (8-K) — 53KB
• amendedandrestatedcreditag.htm (EX-10.1) — 1574KB
• ryn-20250815_g1.jpg (GRAPHIC) — 15KB
• 0000052827-25-000172.txt ( ) — 2053KB
• ryn-20250815.xsd (EX-101.SCH) — 2KB
• ryn-20250815_def.xml (EX-101.DEF) — 11KB
• ryn-20250815_lab.xml (EX-101.LAB) — 28KB
• ryn-20250815_pre.xml (EX-101.PRE) — 23KB
• ryn-20250815_htm.xml (XML) — 4KB

01 Entry Into a Material Definitive Agreement

Item 1.01 Entry Into a Material Definitive Agreement 1 Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant 2

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits 2 Exhibit Index 2 Signature 3

01. Entry Into a Material Definitive Agreement

ITEM 1.01. Entry Into a Material Definitive Agreement. On August 15, 2025, Rayonier Inc. ("Rayonier"), Rayonier TRS Holdings Inc. ("TRS"), Rayonier Operating Company LLC ("ROC") and Rayonier, L.P. ("RLP"; collectively with Rayonier, TRS and ROC, each individually a "Borrower" and collectively, the "Borrowers") entered into an Amended and Restated Credit Agreement (the "Credit Agreement") with the several banks, financial institutions and other institutional lenders party thereto as Lenders (the "Lenders"), CoBank, ACB, as administrative agent, swing line lender and an issuing bank, JPMorgan Chase Bank, N.A. and Truist Bank, as co-documentation agents, and CoBank, ACB and AgFirst Farm Credit Bank, as joint lead arrangers and joint bookrunners, which amends and restates that certain Credit Agreement, dated as of August 5, 2015 (as amended, supplemented or otherwise modified from time to time prior to August 15, 2025), among the Borrowers, the Lenders party thereto and the Administrative Agent. Capitalized terms used but not defined herein have the meanings ascribed to them in the Credit Agreement. The Credit Agreement governs the terms of senior unsecured credit facilities in the aggregate principal amount of $800 million, consisting of a revolving credit facility in the initial amount of $200 million, (the "Revolving Credit Facility"), which includes a $50 million swing line subfacility and a $50 million letter of credit subfacility, and a term loan made to ROC in 2015, the current outstanding principal amount which is $200 million (the "2015 Term Loan Facility"), a term loan made to ROC in 2016, the current outstanding principal amount which is $200 million (the "2016 Incremental Term Loan Facility") and a term loan made to RLP in 2021, the current outstanding principal amount which is $200 million (the "2021 Incremental Term Loan Facility," together with the 2015 Term Loan Facility and the 2016 Incremental Term Loan Facility, the "Term Loan Facilities"). Each of

01. Financial Statements and Exhibits

ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits. The following are filed as Exhibits to this Report. Exhibit No. Exhibit Description 10.1 Amended and Restated Credit Agreement dated August 15, 2025 among Rayonier Inc., Rayonier TRS Holdings Inc., Rayonier Operating Company LLC, and Rayonier, L.P., as Borrowers, COBANK, ACB, as Administrative Agent, Swing Line Lender and an Issuing Bank, JPMORGAN CHASE BANK, N.A. and TRUIST BANK, as Co-Documentation Agents, and COBANK, ACB and AGFIRST FARM CREDIT BANK, as Joint Lead Arrangers and Joint Bookrunners. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 Table of Contents SIGNATURE Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. RAYONIER INC. BY: /s/ APRIL TICE April Tice Senior Vice President and Chief Financial Officer RAYONIER, L.P. By: RAYONIER INC., its sole general partner BY: /s/ APRIL TICE April Tice Senior Vice President and Chief Financial Officer August 20, 2025 3

View Full Filing

View this 8-K filing on SEC EDGAR