Weyerhaeuser Company Announces Partial Redemption of $500 Million 4.75% Notes Due 2026

Reuters
Aug 29
Weyerhaeuser Company Announces Partial Redemption of $500 Million 4.75% Notes Due 2026

Weyerhaeuser Company has announced a partial redemption of its 4.75% notes due in 2026. The company plans to redeem $500 million of the outstanding notes on August 25, 2025. The redemption price will be the greater of 100% of the principal amount or the present value of the remaining scheduled payments, discounted at the Treasury Rate plus 20 basis points. The total principal amount of the notes currently outstanding is $750 million. Interest on the redeemed notes will cease to accrue from the redemption date.

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