Rayonier publishes investor presentation outlining combined Rayonier-PotlatchDeltic land and wood products strategy
RYN•Land-based solutions pipeline
Rayonier said its land-based solutions pipeline includes solar options across about 77,000 acres plus CCS leases across about 157,000 acres, with 77% of the portfolio in the South.
Capital plan and balance sheet targets
The capital plan centers on investment-grade metrics, net debt to adjusted EBITDA below a 3.0x target, dividends, share repurchases, and selective M&A.
Proposed combination and synergy targets
Rayonier outlined a proposed combination with PotlatchDeltic, targeting USD 40 million of run-rate synergies and accretion to per-share metrics.
Pro forma timberland and wood products platform
The company said the pro forma timberland footprint would be about 4,100,000 acres, including about 3,200,000 acres in the U.S. South and 930,000 acres in the Northwest.
The wood products platform includes six sawmills with annual capacity of about 1,200,000,000 board feet plus one plywood facility at .
