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West Fraser Announces Term Loan Refinancing and Declares Dividend

Source: PR Newswire

Credit & Bond MarketsCompany Fundamentals

West Fraser Timber entered into a new $500 million three-year term loan, with part of the proceeds earmarked to retire its existing $300 million term loan. The refinancing increases available term funding by $200 million relative to the debt being retired, supporting the company's liquidity and capital structure.

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