Weyerhaeuser Company has issued a notice to redeem $500,000,000.00 of its 4.75% Notes due 2026.
The redemption is scheduled for August 25, 2025, at a Redemption Price based on specific criteria outlined in the notice.
Holders of the Notes are advised on the redemption procedures and requirements.
Redemption Details
Issuer to redeem $500 million of 4.75% Notes due 2026 on August 25, 2025, at Redemption Price based on predefined calculations.
Surrender Process
Holders must surrender Notes to the Paying Agent to collect the Redemption Price, with detailed instructions provided.
Tax Implications
Holders may be subject to backup withholding tax if proper documentation, such as IRS Form W-9 or Form W-8, is not provided.
- The redemption will reduce the outstanding Notes by $500 million, impacting the company's long-term debt obligations.
- Investors holding the redeemed Notes will receive the Redemption Price in accordance with the notice's terms.
Weyerhaeuser's partial redemption of Notes demonstrates proactive debt management and financial planning, providing clarity to investors and stakeholders.