Rayonier Advanced Materials raises €67 million for biomaterials
In Florida, high-purity cellulose manufacturer Rayonier Advanced Materials Inc. has successfully raised €67 million (US$71.5 million) to bolster its biomaterials strategy. This financing includes €37 million in secured term loans from French banks Crédit Lyonnais, Arkéa Banque, and BNP Paribas, with an initial floating interest rate of approximately 5% and a maturity period of seven […]
