Weyerhaeuser Company (NYSE: WY) announced today the results of its previously announced tender offer for 4 different securities, for holders who have tendered and not withdrawn their notes by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004. The offers commenced on Oct. 22, 2004.
Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2003, sales were $19.9 billion. It has offices or operations in 19 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .
The following table provides the estimated aggregate principal amount tendered and not withdrawn by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004, for each series:
Title of Securities CUSIP Number Aggregate Principal
Amount Tendered by
Early Tender Date
6.125% Notes due March 15, 2007 962166BM5/ $704,169,000
5.950% Notes due November 1, 2008 962166BA1 $481,517,000
5.250% Notes due December 15, 2009 962166BS2 $226,193,000
6.000% Notes due August 1, 2006 962166AX2 $477,998,000
Because Weyerhaeuser's Maximum Tender Amount of $700 million was exceeded by tenders of the first three series of notes referenced above, the company will not purchase any 6.000% Notes due August 1, 2006.
All other Notes will be accepted for payment on a pro rata basis as provided in our Offer to Purchase dated October 22, 2004.
For more information contact:
Media -- Bruce Amundson 253-924-3047
Analysts -- Kathryn McAuley 253-924-2058
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SOURCE: Weyerhaeuser Company
CONTACT: media, Bruce Amundson, +1-253-924-3047, or analysts, Kathryn
McAuley, +1-253-924-2058, both of Weyerhaeuser Company
Web site: http://www.weyerhaeuser.com/