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Western Forest Products Enters Into New US$30 Million Bilateral Letter of Credit Facility
Globenewswire· 2025-09-17 07:32
VANCOUVER, British Columbia, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today an amendment of its $250 million syndicated credit facility to allow for a new US$30 million bilateral letter of credit facility (the “Bilateral Credit Facility”) with Royal Bank of Canada. The Bilateral Credit Facility is guaranteed by Export Development Corporation of Canada under its Account Performance Security Guarantee program and is incremental to the Co ...
Western Forest Products Inc. Announces Results of Annual General and Special Meeting of Shareholders
Globenewswire· 2025-05-08 07:16
文章核心观点 公司公布年度股东大会投票结果,包括董事选举和股份合并决议,并介绍公司业务情况 [1][2][4] 选举董事 - 股东投票重新选举Laura A. Cillis、Steven Hofer等7人为公司董事会董事,各候选人得票率在65.81% - 82.86%之间 [2] - 公司董事会根据最佳治理实践组成各委员会,所有成员均为100%独立 [2] 股份合并 - 股东投票批准特别决议,授权修订公司章程以实施股份合并,合并比例由董事会在1:25至1:40范围内决定 [4] - 投票结果为赞成票202,490,230,占94.97%;弃权票10,728,473,占5.03% [4] - 董事会将在一年内根据市场情况决定具体合并比例和实施时间,股份合并需获多伦多证券交易所最终批准及满足其他监管要求 [4][5] 公司概况 - 公司是一家综合林产品公司,致力于打造以利润为导向的原木和木材业务,在全球软木市场竞争 [6] - 公司业务和员工主要位于不列颠哥伦比亚省海岸和华盛顿州,是全球高价值、特色林产品的主要供应商 [7] - 公司拥有6家锯木厂,年木材产能7.8亿板英尺,还运营4家再加工工厂和2家胶合木制造厂 [7] - 公司木材来源包括私有土地、长期许可证、原住民协议和市场采购,并通过批发计划补充产品供应 [7]