Weyerhaeuser draws down $550 million under revolving credit facility

By Sarah Lizee

Olympia, Wash., March 30 – Weyerhaeuser Co. drew down $550 million under its revolving credit facility to further strengthen its balance sheet and maintain financial flexibility and liquidity, according to a press release.

The facility expires in January 2025 and has $950 million of capacity remaining.

Weyerhaeuser is a timber company based in Federal Way, Wash.

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