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West Fraser Credit Facility and Term Loan Renewals Increase Liquidity
WFGWest Fraser(WFG) Prnewswire·2025-06-02 10:59

Group 1 - West Fraser Timber Co. Ltd. has renewed its 1billioncreditfacilityandextendeditsmaturityfromJuly2028toMay2030[1]Thecompanyhasincreaseditsexistingtermloanfrom1 billion credit facility and extended its maturity from July 2028 to May 2030 [1] - The company has increased its existing term loan from 200 million to 300million,maturinginMay2028[1]Therenewedcreditfacilityisundrawnandavailableonsimilartermsasthepreviousfacility[1]Group2AsoftheendofQ12025,WestFraserhadover300 million, maturing in May 2028 [1] - The renewed credit facility is undrawn and available on similar terms as the previous facility [1] Group 2 - As of the end of Q1 2025, West Fraser had over 1.4 billion in available liquidity, enhancing its near-term financial flexibility [2] - The renewal and expansion of the credit facilities further strengthen the company's liquidity position [2] Group 3 - West Fraser is a diversified wood products company with over 50 facilities across Canada, the United States, the United Kingdom, and Europe [3] - The company produces a variety of products including lumber, engineered wood products, pulp, and newsprint, which are used in various applications such as home construction and industrial uses [3]