RYAM Raises €67 million Green Capital to Invest in its Biomaterials Strategy
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Rayonier Advanced Materials Inc. (RYAM) has raised €67 million in green capital to support its biomaterials strategy. The financing includes €37 million in secured term loans from French banks and €30 million in preferred equity from Swen Capital Partner.
November 12, 2024 | 9:45 pm
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Rayonier Advanced Materials Inc. (RYAM) has successfully raised €67 million in green capital to invest in its biomaterials strategy. This includes €37 million in secured term loans from French banks and €30 million in preferred equity from Swen Capital Partner.
The successful raising of €67 million in green capital indicates strong financial backing and confidence in RYAM's biomaterials strategy. The secured loans and preferred equity provide RYAM with the necessary funds to advance its strategic initiatives, likely leading to positive investor sentiment and potential stock price appreciation.
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