Weyerhaeuser Company to Redeem in Whole its 6.750% Notes Due March 15, 2012
12.05.2011 | Business Wire
Weyerhaeuser Company (NYSE:WY) on May 3, 2011 notified the registered
holders of its 6.750% Notes due March 15, 2012 that it intends to redeem
all of the outstanding Notes pursuant to the terms and conditions of its
Indenture dated as of April 1, 1986. The outstanding balance of the
Notes is $517,896,000. Calculation of the Redemption Price in accordance
with the Indenture is scheduled for May 27, 2011, with the redemption
and payment of the Redemption Price plus accrued and unpaid interest
scheduled to occur on Thursday, June 2, 2011 (the Redemption Date).
Weyerhaeuser Company, one of the world's largest forest products
companies, began operations in 1900. We grow and harvest trees, build
homes and make a range of forest products essential to everyday lives.
We manage our timberland on a sustainable basis in compliance with
internationally recognized forestry standards. At the end of 2010, we
employed approximately 14,000 employees in 10 countries. We have
customers worldwide and generated $6.6 billion in sales in 2010. Our
stock trades on the New York Stock Exchange under the symbol WY.
Additional information about us is available at http://www.weyerhaeuser.com.
Weyerhaeuser Company
Media
Bruce Amundson, 253-924-3047
or
Analysts
Kathryn
McAuley, 253-924-2058