West Fraser refinances with $500 million term loan and extends revolver
West Fraser ($WFG) secured a new $500 million, three-year term loan maturing in 2029 and extended its undrawn $1 billion revolving credit facility to 2030. Part of the new borrowing replaces a $300 million term loan that was due in 2028. The transaction lengthens the financing timetable while providing additional funding capacity. The term loan bears floating interest based on SOFR or a base rate and can be prepaid without penalty, although amounts repaid cannot be borrowed again under that faci
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