RYAM Raises $700M In Aggregate Principal Amount Of Secured Term Loan Financing From Funds Managed By Capital Management
Portfolio Pulse from Benzinga Newsdesk
RYAM has successfully raised $700 million through secured term loan financing from funds managed by Capital Management. This move is likely to impact the company's financial stability and future growth prospects.
October 29, 2024 | 12:23 pm
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RYAM has raised $700 million in secured term loan financing, which could enhance its financial stability and support future growth initiatives.
The $700 million financing provides RYAM with significant capital, likely improving its financial position and enabling it to pursue growth opportunities. This is a positive development for the company's short-term financial outlook.
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