Rayonier Inc. http://www.alacrastore.com/company-snapshot/Rayonier_Inc-1008423 Sunday, September 07, 2008 12:52:27 PM 1008423 Rayonier Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/304762bir/304762normRayonier Inc.ITT Rayonier Inc.Rayonier Timerlands LPJesup Pulp Div.United StatesManufacturing: Specialty and papermaking pulps, treated wood products, cedar veneer, plywood, chemical cellulose, fluff pulps and logs. Agriculture: Timber land management.2823262126112435242928612411081132522111311011331032121132191232211032212132519117FKRYN8/28/2008 6:14:47 AM304762Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/667199spcred/667199normThe latest Summary from S&Pglobal8/25/2008 6:24:40 PM175Summary667199United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsSummaryThe rating on Rayonier Inc. reflects the company's diverse portfolio of value-added products, good geographic diversity, valuable timberland holdings, solid levels of free cash flow, and management's commitment to maintain a moderate financial policy. The rating also reflects cyclical end markets, some exposure to volatile commodity prices, and a high dividend payout ratio. Rayonier manages timberland--it owns, leases, or manages about 2.6 million acres--sells and develops real estate, produces high-value specialty cellulose fibers, and trades logs. Rayonier's real estate company, TerraPointe LLC, focuses on maximizing the value of its higher- and better-use properties. Standard&Poor's Ratings Services expects the company's earnings and operating cash flow to remain more stable than those of most other forest products companies because ofUSA75490775507Q45068275507J75507K75507N40402070 404020 4040 40Rayonier Inc.101161USARYNSUMMARYGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/667197spcred/667197normThe latest Full Report from S&Pglobal8/25/2008 6:24:00 PM400Full Report667197United StatesSpecialized REIT'sUnited StatesGlobal IssuersCorporationsFinancial InstitutionsConsumer ProductsForest ProductsFull ReportGood geographic and product diversity; Large proportion of value-added products; High barriers to entry for specialty cellulose; Stable earnings and cash flows; Flexibility to accelerate timber harvest and sell timberlands if necessary to raise cash; Tax-efficient corporate structure; and Valuable timberland holdings. Cyclical end markets; Likely continuation of long-term decline in log and wood product prices; Competitive pricing pressures on commodity products; and High dividend payout ratio. The rating on Rayonier Inc. reflects the company's diverse portfolio of value-added products, good geographic diversity, valuable timberland holdings, solid levels of free cash flow, and management's commitment to maintain a moderate financial policy. The rating also reflects cyclical end markets, some exposure to volatile commodity prices, and a high dividend payout ratio.USA75490775507Q45068275507J75507K75507N40402070 404020 4040 40Rayonier Inc.101161USARYNFULLUSA15105010 151050 1510 15Rayonier Timberlands Operating Co. L.P.338689USAGLOBISSCORPFIConsumerForestCredit & Investment ResearchS&P Credit ResearchNEW ZEALAND - In August ####, Matariki Forests, a forestry services provider and a joint venture among Rayonier Inc, AMP Ltd and Rosenberg Real Estate Equity Fund, a unit of the RREEF Alternative Investments subsidiary of Deutsche Bank AG's Deutsche Asset Management GmbH unit, announced that it was seeking a buyer for its timberland assets.8/21/2008 10:54:31 AM81572I55997L81572I754907Seeking BuyerMatariki Forests-Timberland AssetsSeeking BuyerRayonier Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Rayonier_Inc_seeking_buyer_for_Matariki_Forests_Timberland-2005467040sdc/20054670402005467040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnknownInvestors, nec6799UNUnknownPrivate6799:Investors, nec6799:Investors, necAgriculture, Forestry, and FishingNew ZealandTimber tracts0811FFForeignSubsidiary12029001Seeking buyerMnfr logs,timberNot ApplicableAssets1035394001Aug 21 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Seeking buyerSeeking buyerSeeking buyer1.000002.000003.00000Timberland assets of MatarikiForests, a New Zealandforestry services provider.Timberland assets of Matariki Forests, a New Zealandforestry services provider.Timberland assets of Matariki Forests, a New Zealand forestry services provider.0.000000.000000.000000.00000N19 Aug 08Tue, 19 Aug 2008 00:00:00 ESTDate Announced: 08/19/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.00000NEW ZEALAND - In August 2008,Matariki Forests, a forestryservices provider and a jointventure among Rayonier Inc,AMP Ltd and Rosenberg RealEstate Equity Fund, a unit ofthe RREEF AlternativeInvestments subsidiary ofDeutsche Bank AG's DeutscheAsset Management GmbH unit,announced that it was seekinga buyer for its timberlandassets.NEW ZEALAND - In August 2008, Matariki Forests, a forestry services provider and a joint venture among Rayonier Inc, AMP Ltd and Rosenberg Real Estate Equity Fund, a unit of the RREEF Alternative Investments subsidiary of Deutsche Bank AG's Deutsche Asset Management GmbH unit, announced that it was seeking a buyer for its timberland assets.NEW ZEALAND - In August 2008, Matariki Forests, a forestry services provider and a jointventure among Rayonier Inc, AMP Ltd and Rosenberg Real Estate Equity Fund, a unit of theRREEF Alternative Investments subsidiary of Deutsche Bank AG's Deutsche Asset ManagementGmbH unit, announced that it was seeking a buyer for its timberland assets.NEW ZEALAND - In August 2008, Matariki Forests, a forestry services provider and a joint venture among Rayonier Inc, AMP Ltd and Rosenberg Real Estate Equity Fund, a unit of the RREEF AlternativeInvestments subsidiary of Deutsche Bank AG's Deutsche Asset Management GmbH unit, announced that it was seeking a buyer for its timberland assets.NEW ZEALAND - In August 2008, Matariki Forests, a forestry services provider and a joint venture among Rayonier Inc, AMP Ltd andRosenberg Real Estate Equity Fund, a unit of the RREEF Alternative Investments subsidiary of Deutsche Bank AG's Deutsche Asset ManagementGmbH unit, announced that it was seeking a buyer for its timberland assets.S Buyer0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:S Buyer-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000811:Timber tracts12029001Unknown6799UnknownPrivate0811:Timber tracts0851:Forestry services2411:Logging2499:Wood products, nec2611:Pulp mills28063003New YorkUnited States2411FloridaPublicRYN0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/ccbn/B1897247ccbn/B1897247norm...Continued interest in non-strategic timberland and strong demand in Performance Fibers was partially offset by: ... 7/23/2008 4:06:00 AMRayonier Inc.54.0000EditedQ2 2008 Rayonier Inc. Earnings Conference Call SummaryRYN2:00pm ETBriefB1897247Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1897247ccbn/T1897247norm...Good day, everyone, and welcome to the Rayonier second quarter earnings results conference call. Today's conference is being recorded by Rayonier and is copyrighted material. It cannot be recorded or rebroadcast without our expressed permission. Your participation on this call constitutes implied consent. Please hang up now if you do not consent to being recorded. At this time, for opening remarks and introductions, I would turn the conference over to Senior Vice President, Mr. Hans Vanden Noort. Please go ahead, sir. ... 7/22/2008 5:05:00 PMRayonier Inc.54.0000FinalQ2 2008 Rayonier Inc. Earnings Conference Call TranscriptRYN2:00pm ETTranscriptT1897247Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1865761ccbn/T1865761norm...Thank you, everybody, for joining us for the Rayonier presentation. I guess they are now a standby; they've been a timber REIT for several years. I remember the first year when it was something new. But now, it's not so new, but it's certainly been a very successful story in the last couple of year. We've got Lee Thomas, who is relatively new to Rayonier, ## months, who will be able to share with us what's been behind the success to date, and hopefully what's going to drive success in the future. ... 6/4/2008 6:05:00 PMRayonier Inc.54.0000FinalRayonier Inc. at National Association of Real Estate Investment Trusts Investor Forum TranscriptRYN11:45am ETTranscriptT1865761Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1834054ccbn/T1834054norm...Kicking off our conference today is Rayonier, a leading international forest products company with three core businesses: timber, real estate, and performance fibers. We are pleased that Rayonier is presenting. Before I begin, let me start by saying that this presentation is subject to the customary regulatory disclosures, and that Banc of America Securities does not have any conflicts of interest in participation with the companies presenting at the conference. If you would like a copy of these disclosures, please take one from the back of the room, or you can find it on our websites. Again, we're happy that Hans Vanden Noort is presenting. Mr. Vanden Noort is Senior Vice President and Chief Financial Officer at Rayonier. Mr. Vanden Noort joined Rayonier in ####, and has been in his position since June ####. Without further ado, Mr. Vanden Noort. ... 5/7/2008 1:06:00 PMRayonier Inc.54.0000FinalRayonier Inc. at Bank of America Securities BASics/Industrials Conference TranscriptRYN8:00am ETTranscriptT1834054Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/B1822781ccbn/B1822781norm...Furthers strategy to grow and upgrade Co.'s portfolio through recent acquisitions of approximately ###,### acres of timberland in Washington and New York. ... 4/22/2008 5:05:00 PMRayonier Inc.54.0000EditedQ1 2008 Rayonier Inc. Earnings Conference Call SummaryRYN2:00pm ETBriefB1822781Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1822781ccbn/T1822781norm...Good day, everyone. Welcome to the Rayonier first quarter earnings release conference call. Today's call is being recorded by Rayonier and is copyrighted material. It cannot be recorded or rebroadcast without our expressed permission. Your participation on this call constitutes implied consent. Please hang up now if you do not consent to being recorded. At this time, for opening remarks and introductions, I would like turn the call over to Senior Vice President Mr. Hans Vanden Noort. Please go ahead, sir. ... 4/22/2008 4:05:00 PMRayonier Inc.54.0000FinalQ1 2008 Rayonier Inc. Earnings Conference Call TranscriptRYN2:00pm ETTranscriptT1822781Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/641044spcred/641044normThe latest Summary from S&P4/4/2008 3:47:29 PMSummary175global641044United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsSummaryThe ratings by Standard&Poor's Ratings Services reflect Rayonier Inc.'s diverse portfolio of value-added products, good geographic diversity, valuable timberland holdings, solid levels of free cash flow, and commitment to maintaining a moderate financial policy. The ratings also reflect cyclical end markets, some exposure to volatile commodity prices, and a high dividend payout ratio. Rayonier, based in Jacksonville, Fla., manages timberland--it owns, leases, or manages about 2.6 million acres--sells and develops real estate, produces high-value specialty cellulose fibers, and trades logs. Rayonier's real estate company, TerraPointe LLC, focuses on maximizing the value of its higher- and better-use properties. We expect the company's earnings and operating cash flow to continue to be more stable than that of most other forestUSA75490775507Q45068275507J75507K75507N40402070 404020 4040 40Rayonier Inc.101161USARYNSUMMARYGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1519674ccbn/B1519674norm1/24/2008 5:07:00 PMRayonier Inc.54.0000EditedQ4 2007 Rayonier Inc. Earnings Conference Call SummaryRYN2:00pm ET...As expected each of Co.'s three core businesses contributed to a strong #### performance, despite the challenges from sawtimber and residential real estate markets. ... BriefB1519674Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1519674ccbn/T1519674norm1/24/2008 4:05:00 PMRayonier Inc.54.0000FinalQ4 2007 Rayonier Inc. Earnings Conference Call TranscriptRYN2:00pm ET...Thank you for standing by. You're currently on hold for today's Rayonier Fourth Quarter earnings Conference Call. Currently we are admitting additional participants and should be starting momentarily. We appreciate your patience and ask that you please remain online. Please stand by, we're about to begin. Good day, everyone and welcome to the Rayonier Fourth Quarter Earnings Release Conference Call. Today's call is being recorded by Rayonier and is copyrighted material. It cannot be recorded or rebroadcast without our expressed permission. Your participation on this call constitutes implied consent. Please hang up now if you do not consent to being recorded. At this time for opening remarks and introductions, I'd like to turn the call over to Senior Vice President, Mr. Hans Vanden Noort. Please go ahead, sir. ... TranscriptT1519674Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/moodys/COP_392100moodys/COP_392100htmlGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: Rayonier Inc. Rayonier Inc. Jacksonville, Florida, United States Ratings Category Moody's Rating Rayonier Forest Resources, L.P. Outlook Stable Senior Unsecured Baa#...1/2/2008 7:28:00 PMhtmlRayonier Inc.Rayonier Inc.392100150.0000NewsCredit OpinionCOP_392100Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1702302ccbn/T1702302norm12/31/2007 5:21:30 PMRayonier Inc.54.0000FinalRayonier Inc. at Citigroup Basic Material Conference TranscriptRYN3:50pm ET... - Rayonier Inc. - Chairman, President, CEO Okay, I'm glad to be here with you, and I appreciate the fact that you've hung in here this long today. I'll get through a review of the business and then we will have time for a few questions and answers. As Chip said, Rayonier is organized as a timber REIT, one of several in the marketplace, with three core businesses. Our timber business, obviously, the heart of the Company, about #.# million acres around the U.S. and in New Zealand, and the taxable REIT subsidiary in our Company, we've got our real estate business and our performance fibers business, performance fibers being our dissolving specialty pulp business. Those three businesses give us good diversity across. They all make strong contributions, and I'll talk about that. Good geographic diversity. About ##% of our sales are made to customers around the world. If you look at our performance fibers business, about ##% of our business is outside the U.S. We pay a good dividend, $# a... TranscriptT1702302Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/448928spcred/448928normThe latest Summary from S&P12/23/2007 11:36:16 PMSummary175global448928Global IssuersFinancial InstitutionsCorporationsForest ProductsSummaryThe ratings reflect Rayonier Inc.'s diverse portfolio of value-added products, good geographic diversity, valuable timberland holdings, and solid levels of free cash flow. The ratings also reflect cyclical end markets, some exposure to volatile commodity prices, and a high dividend payout ratio. Rayonier, based in Jacksonville, Fla., manufactures performance fibers and wood products, manages timberlands (it owns, leases, or controls about 2.2 million acres), and trades logs. The company's earnings and operating cash flow should continue to be more stable than most other forest products companies because of its balance of pulp and wood products, its focus on less-volatile, value-added specialty pulps, and its good geographic diversity of sales (about 40% of its sales are generated outside the U.S.). OperatingRayonier Inc.101161SUMMARYGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1519671ccbn/B1519671norm10/23/2007 5:07:00 PMRayonier Inc.54.0000EditedQ3 2007 Rayonier Inc. Earnings Conference Call SummaryRYN2:00pm ET...Co. reported #Q## sales of $###m. #Q## net income was $##m on EPS of $#.##. For the full-year, excluding the impact from Georgia and Florida timberland fires, expects earnings of $#.##-#.## per share. ... BriefB1519671Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1519671ccbn/T1519671norm10/23/2007 3:07:00 PMRayonier Inc.54.0000FinalQ3 2007 Rayonier Inc. Earnings Conference Call TranscriptRYN2:00pm ET...Good day, everyone, and welcome to the Rayonier third quarter earnings release conference call. Today's call is being recorded by Rayonier and is copyright material. It cannot be recorded or rebroadcast without our express permission. Your participation on this call constitutes implied consent. Please hang up now if you do not consent to being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Senior Vice President and Chief Financial Officer, Mr. Hans Vanden Noort. Please go ahead, sir. ... TranscriptT1519671Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/606984spcred/606984normThe latest News from S&P10/10/2007 3:30:33 PMNews100global606984United StatesSpecialized REIT'sUnited StatesGlobal IssuersFinancial InstitutionsCorporationsForest ProductsNewsNEW YORK (Standard&Poor's) Oct. 10, 2007--Standard&Poor's Ratings Services said today that it assigned its 'BBB' senior unsecured debt rating to the $250 million aggregate principal amount of senior exchangeable notes due 2012 of Rayonier TRS Holdings Inc. a wholly owned subsidiary of Rayonier Inc. (BBB/Stable/--). The notes will be issued under Rule 144a with registration rights. The notes will be fully and unconditionally guaranteed by Rayonier and exchangeable for Rayonier's common stock under certain circumstances. The rating is based on preliminary terms and conditions. Proceeds from the notes offering will be used to reduce debt and for general corporate purposes. The corporate credit rating on Rayonier reflect the Jacksonville, Fla.-based company's diverse portfolio of value-added products,USA75490775507Q45068275507J75507K75507N40402070 404020 4040 40Rayonier Inc.101161USARYNNEWSUSA15105010 151050 1510 15Rayonier Timberlands Operating Co. L.P.Rayonier TRS Holdings Inc.338689427082USAGLOBISSFICORPForestCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/srp/25672srp/25672norm...Address:## North Laura Street, Jacksonville, Florida ##### Incorporated:North Carolina Web Site: www.rayonier.comSIC Classification: Real Estate Investment Trusts (####) Business Description: Rayonier Inc. is a leading international forest products company primarily engaged in activities associated with timberland management, the sale and development of real estate, and the production and sale of high value-added performance cellulose fibers. Indices:Russell ####, Russell ####, S&P ### ... 25672754907103RYN10/6/2006 12:23:00 PM25672Credit & Investment ResearchSharkRepellent.net