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Western Forest Products Amends and Extends $250 Million Credit Facility
Globenewswireยท2025-05-01 21:00

Group 1 - Western Forest Products Inc. announced the amendment and extension of its $250 million syndicated credit facility, with the maturity date extended to July 21, 2028 [1] - The credit facility remains subject to certain financial covenants, and the security provided under it remains unchanged [1] Group 2 - Western Forest Products is an integrated forest products company focused on building a margin-oriented log and lumber business to compete in global softwood markets [2] - The company operates primarily on the coast of British Columbia and Washington State, with a lumber capacity of 780 million board feet from six sawmills [2] - Western also operates four remanufacturing facilities and two glulam manufacturing facilities, sourcing timber from private lands, long-term licenses, First Nations arrangements, and market purchases [2]