Potlatch Corporation http://www.alacrastore.com/company-snapshot/Potlatch_Corporation-1013452 25 Nov 2009 10:56:09 EST 1013452 Potlatch Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/s-and-p-credit-research-Potlatch_Corp_s_New_150_Million_Notes_Rated_BB_With_3_Recovery_Rating-753778753778spcred/753778normglobal27 Oct 2009 06:32:00 EST100NewsThe latest News from S&PUnited StatesSpecialized REIT'sUnited StatesGlobal IssuersNewsUSA73762873763073763H40402070 404020 4040 40Potlatch Corp.101912USAPCHNEWSCORPFIForestGLOBISSLEVFINCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B2454192B2454192ccbn/B2454192norm27 Oct 2009 03:17:00 EST2454192Edited Brief of PCH earnings conference call or presentation, 27-Oct-09 8:00am ETPotlatch54.0000EditedPotlatch Q3 2009 Earnings Conference Call SummaryPCH8:00am ETBrief...Eric Cremers Potlatch Corporation - Vice President of Finance and Chief Financial Officer Michael Covey Potlatch Corporation - Chairman, President and Chief Executive Officer... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2454192T2454192ccbn/T2454192norm27 Oct 2009 12:07:00 EST2454192Final Transcript of PCH earnings conference call or presentation, 27-Oct-09 8:00am ETPotlatch54.0000FinalPotlatch Q3 2009 Earnings Conference Call TranscriptPCH8:00am ETTranscript...Eric Cremers Potlatch Corporation - Vice President of Finance and Chief Financial Officer Michael Covey Potlatch Corporation - Chairman, President and Chief Executive Officer... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_Potlatch_Corp-746058746058spcred/746058normglobal11 Sep 2009 10:18:00 EST175SummaryThe latest Summary from S&PUnited StatesSpecialized REIT'sUnited StatesGlobal IssuersSummaryUSA73762873763H40402070 404020 4040 40Potlatch Corp.101912USAPCHSUMMARYCORPFIForestGLOBISSLEVFINCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B2273907B2273907ccbn/B2273907norm28 Jul 2009 02:07:00 EST2273907Edited Brief of PCH earnings conference call or presentation, 28-Jul-09 8:00am PTPotlatch54.0000EditedPotlatch Q2 2009 Earnings Conference Call SummaryPCH8:00am PTBrief...Gail Glazerman UBS - Analyst George Staphos Banc of America/Merrill Lynch - Analyst Mark Weintraub Buckingham Research Group - Analyst Mike Wachlin Banc of America - Analyst Chip Dillon Credit Suisse - Analyst Steve Chercover DA Davidson - Analyst Peter Ruschmeier Barclays Capital - Analyst John Curran - Private Investor Mark Marbart Ramsey - Analyst OVERVIEW... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2273907T2273907ccbn/T2273907norm28 Jul 2009 01:07:00 EST2273907Final Transcript of PCH earnings conference call or presentation, 28-Jul-09 8:00am PTPotlatch54.0000FinalPotlatch Q2 2009 Earnings Conference Call TranscriptPCH8:00am PTTranscript...Gail Glazerman UBS - Analyst George Staphos Banc of America/Merrill Lynch - Analyst Mark Weintraub Buckingham Research Group - Analyst Mike Wachlin Banc of America - Analyst Chip Dillon Credit Suisse - Analyst Steve Chercover DA Davidson - Analyst Peter Ruschmeier Barclays Capital - Analyst John Curran - Private Investor Mark Marbart Ramsey - Analyst P R E S E N T A T I O N... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/bir/307038307038bir/307038norm2417Potlatch Corp.United States01 Jul 2009 06:11:00 ESTPotlatch Corporation was incorporated in 1903. Potlatch is a diversified and vertically integrated forest products company. The company's principal business is the growing and harvesting of timber and the conversion of wood fiber into commodity wood produNYSE322121I2621E32191232191832199932213032223126312431242624992675PCHPotlatch Corporation was incorporated in 1903. Potlatch is a diversified and vertically integrated forest products company. The company's principal business is the growing and harvesting of timber and the conversion of wood fiber into commodity wood produCompany Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/ccbn/T2131121T2131121ccbn/T2131121norm28 Apr 2009 01:08:00 EST2131121Final Transcript of PCH earnings conference call or presentation, 28-Apr-09 8:00am PTPotlatch54.0000FinalPotlatch Q1 2009 Earnings Conference Call TranscriptPCH8:00am PTTranscript...Eric Cremers Potlatch Corporation - VP of Finance and CFO Michael Covey Potlatch Corporation - Chairman, President and CEO C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B2131121B2131121ccbn/B2131121norm28 Apr 2009 01:08:00 EST2131121Edited Brief of PCH earnings conference call or presentation, 28-Apr-09 8:00am PTPotlatch54.0000EditedPotlatch Q1 2009 Earnings Conference Call SummaryPCH8:00am PTBrief...Eric Cremers Potlatch Corporation - VP of Finance and CFO Michael Covey Potlatch Corporation - Chairman, President and CEO CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B2063957ccbn/B2063957normB2063957...#### marked the most significant change in Co.'s strategic direction since reconversion in Jan. ####. ... 12 Feb 2009 04:08:00 ESTPotlatch54.0000EditedPotlatch Q4 2008 Earnings Conference Call SummaryPCH8:00am PTBriefCredit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2063957ccbn/T2063957normT2063957...Thank you for standing by, and welcome to the Potlatch full year conference call With Michael Covey, Chairman, President and Chief Executive Officer and Eric Cremers, Vice President and Chief Financial Officer. (Operator Instructions). I would now like to turn the conference over to Mr. Cremers, please go ahead sir. ... 12 Feb 2009 12:08:00 ESTPotlatch54.0000FinalPotlatch Q4 2008 Earnings Conference Call TranscriptPCH8:00am PTTranscriptCredit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/moodys/COP_615000COP_615000moodys/COP_615000html08 Jan 2009 12:28:00 ESThtmlPotlatch CorporationPotlatch Corporation615000150.000024 Jun 2009NewsCredit OpinionCGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: Potlatch Corporation Potlatch Corporation Spokane, Washington, United States Ratings Category Moody's Rating Outlook Stable Corporate Family Rating Ba# Senior Unsecured...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/694403spcred/694403normThe latest Summary from S&Pglobal05 Jan 2009 01:10:00 EST175Summary694403United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsSummaryThe ratings reflect Spokane, Wash.-based Potlatch Corp.'s weak business risk profile as a midsize forest products company with cyclical earnings and cash flow--primarily in wood products manufacturing--and modest geographic diversity. Still, its ownership of substantial timberlands provides flexibility, and its credit measures remain in-line with the rating. While the company's end markets are cyclical, the degree of cyclicality varies somewhat, as log prices are more stable than lumber. As a result, operating profitability and cash flow could vary widely throughout the course of a cycle. Potlatch owns and manages 1.6 million acres of timberlands in Arkansas, Idaho, Minnesota, and Wisconsin that provide a good portion of the company's wood fiber needs. In addition, the company can accelerate timber harvesting andUSA73763H73762840402070 404020 4040 40Potlatch Corp.101912USAPCHSUMMARYGLOBISSFICORPLEVFINForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/694401spcred/694401normThe latest Full Report from S&Pglobal05 Jan 2009 01:10:00 EST400Full Report694401United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsFull ReportFinancial flexibility derived from timberland assets; and Moderate debt leverage. Modest geographic diversity; Cyclical earnings and cash flow; and Weak cost position and profitability. The ratings reflect Spokane, Wash.-based Potlatch Corp.'s weak business risk profile as a midsize forest products company with cyclical earnings and cash flow--primarily in wood products manufacturing--and modest geographic diversity. Still, its ownership of substantial timberlands provides flexibility, and its credit measures remain in-line with the rating. While the company's end markets are cyclical, the degree of cyclicality varies somewhat, as log prices are more stable than lumber. As a result, operating profitability and cash flow could vary widely throughout the course of a cycle. Potlatch owns and manages 1.6 million acres of timberlands in Arkansas,USA73763H73762840402070 404020 4040 40Potlatch Corp.101912USAPCHFULLGLOBISSFICORPLEVFINForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/419290_report_framefitch/419290_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Beazer Homes USA, Inc.Centex CorporationCharter Communications, Inc.Continental Airlines, Inc.D.R. Horton, Inc.Hovnanian Enterprises, Inc.International Rectifier CorporationKB HomeLennar CorporationM/I Homes, Inc.Meritage CorporationMGM Mirage IncPotlatch CorporationPulte Homes, Inc.Qwest Communications International, Inc.Seagate Technology, Inc.Spansion IncStandard Pacific CorporationThe Ryland Group, Inc.TRW Automotive Holdings Corp.80089922800899328009020280090297800904128009062780091049800910968009141580092080800923598036152180417179804963888061045581199635811996898217602982728699845220888591787319 Dec 2008 06:35:00 EST0103000001030400010305000103080001031200010312010103130001031302010321000103240001040000275NewsletterBZHCALCHTRCTXDHIHOVIRFKBHLENMGMMHOMTHPCHPHMQRYLSPFSPSNSTXTRW419290_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/moodys/PR_169384_615000moodys/PR_169384_615000htmlGlobal Credit Research Rating Action ## DEC #### Rating Action: Potlatch Corporation Moody's affirms Potlatch's ratings at Ba#, outlook stable Approximately $### million of debt affected. New York, December ##, #### -- Moody's Investors...18 Dec 2008 01:06:07 ESThtmlPotlatch CorporationPotlatch Corporation615000150.0000NewsRating ActionPR_169384_615000Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/453697_pr_framefitch/453697_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Potlatch Corporation8008993216 Dec 2008 06:36:00 EST01031200010300000103120185Press ReleasePCH453697_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/690378spcred/690378normThe latest Research Update from S&Pglobal15 Dec 2008 06:28:00 EST175Research Update690378United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsResearch UpdateOn Dec. 15, 2008, Standard&Poor's Ratings Services affirmed its 'BB' corporate credit rating on Spokane, Wash.-based Potlatch Corp. At the same time, we raised our issue-level rating on Potlatch's existing notes and debentures to 'BB+', one notch above the corporate credit rating, from 'BB' and revised the recovery rating to '2', indicating substantial (70%-90%) recovery in the event of a payment default, from '3'. The higher issue-level rating reflects the granting of security to noteholders in conjunction with the granting of security to lenders under the company's new, secured revolving credit facility. At the same time, we affirmed the ratings on Potlatch's industrial revenues bonds at 'BB'. We removed all ratings from CreditWatch, where they were placed withUSA73763H73762840402070 404020 4040 40Potlatch Corp.101912USAPCHRESUPDGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/690377spcred/690377normThe latest News from S&Pglobal15 Dec 2008 06:28:00 EST100News690377United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsNewsNEW YORK (Standard&Poor's) Dec. 15, 2008--Standard&Poor's Ratings Services affirmed its 'BB' corporate credit rating on Spokane, Wash.-based Potlatch Corp. At the same time, we raised our issue-level rating on Potlatch's existing notes and debentures to 'BB+', one notch above the corporate credit rating, from 'BB' and revised the recovery rating to '2', indicating substantial (70%-90%) recovery in the event of a payment default, from '3'. The higher issue-level rating reflects the granting of security to noteholders in conjunction with the granting of security to lenders under a new, secured revolving credit facility. At the same time, we affirmed the ratings on Potlatch's industrial revenues bonds at 'BB'. We removed all ratings from CreditWatch, where they wereUSA73763H73762840402070 404020 4040 40Potlatch Corp.101912USAPCHNEWSGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/687164spcred/687164normThe latest Research Update from S&Pglobal02 Dec 2008 06:31:41 EST175Research Update687164United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsResearch UpdateOn Dec. 2, 2008, Standard&Poor's Ratings Services said that its ratings, including its 'BB' corporate credit rating, on Potlatch Corp. remain on CreditWatch with developing implications. We placed the ratings on CreditWatch on April 17, 2008, in connection with the planned spin-off of its pulp-based manufacturing businesses. The spin-off will become effective on Dec. 16, 2008, but the ratings remain on CreditWatch to reflect our continued uncertainty regarding the ultimate strategic direction and future financial policy of the company after the spin-off. In resolving the CreditWatch listing, we will meet with Potlatch management to discuss its near-to-intermediate term business and financial strategies. Upside rating potential is predicated on the company pursuing a relatively conservative financial policy that wouldUSA73763H73762840402070 404020 4040 40Potlatch Corp.101912USAPCHRESUPDGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Research