Potlatch amends to eliminate $100 million availability limitation

By Sara Rosenberg

New York, June 24 - Potlatch Corp. amended its $250 million revolving credit facility, removing the $100 million availability limitation, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

The limitation was removed as a result of the company discharging its $100 million of credit sensitive debentures due Dec. 1.

The amendment was completed on June 23.

Bank of America is the administrative agent on the deal.

Potlatch is a Spokane, Wash.-based real estate investment trust that owns and manages timberlands.

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