Weyerhaeuser to redeem $568.6 million 4.7% notes due 2021 on May 18

By Sarah Lizee

Olympia, Wash., April 17 – Weyerhaeuser Co. plans to redeem its $568,595,000 of 4.7% notes due 2021 on May 18, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at $1,033.79 per $1,000 note, reflecting the make-whole payment due on early redemption of the notes, plus accrued interest to the redemption date. Accrued interest will equal $4,676,693.88 in total.

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

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