Rayonier (RYN) Presents At Raymond James Institutional Investors Conference - Slideshow

Company Overview - Rayonier manages 26 million acres of timberlands[13] - The company has acquired $18 billion of timberlands since 2011[15] - In 2019, Rayonier's Southern Timber segment generated $1197 million in EBITDA[42] Timberland Portfolio - Rayonier's U S South portfolio consists of 18 million acres with a sustainable yield of 61 to 65 million tons[17,42] - The Pacific Northwest portfolio includes 379000 acres with a sustainable yield of 14 million tons[17] - New Zealand timberlands cover 414000 acres with a sustainable yield of 24 to 27 million tons[17] Strategic Acquisition - Rayonier is set to acquire Pope Resources, adding 125000 acres to its Pacific Northwest timberland portfolio[38] - The acquisition is expected to increase PNW sustainable yield by 57 MMBF[38] - Synergies from the acquisition are projected at $5 million annually[39] Financial Performance - Rayonier's Adjusted EBITDA for 2019 was $2478 million[144] - The company's net debt as of Q4 2019 was $9883 million[139] Market Position - Approximately 61% of Rayonier's Southern timberlands are located in the top two markets based on TimberMart-South composite stumpage pricing[54]