Weyerhaeuser takes $800 million term loan, redeems $500 million of 2026 notes
Weyerhaeuser's subsidiary Weyerhaeuser NR Company borrowed $800 million under a term loan dated August 25, 2025, with Weyerhaeuser guaranteeing the loan. About $500 million of the proceeds was used to partly redeem the company's 4.75% notes due 2026, leaving $250 million of those notes outstanding. The filing does not report revenue, profit, or guidance, so the shareholder effect is a refinancing of existing debt.
Key points
- Term loans of $800 million mature on the third anniversary of funding, with floating rates swapped to fixed for the full amount, an effective rate of 4.31%.
- About $500 million of proceeds redeemed 4.75% notes due 2026 on August 25, 2025, at a make-whole price.
- Remaining loan proceeds are intended for general corporate purposes; $250 million of the 2026 notes remain outstanding.
- Covenants include a minimum adjusted shareholders' equity of $3.0 billion and a funded debt ratio of 65% or less.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.