News Room

Print News Release

Weyerhaeuser Company Announces Results of Debt Tender Offer

Nov 22, 2004

Weyerhaeuser Company (NYSE: WY) announced today the results of its previously announced tender offer for four series of Notes. The offers commenced on Oct. 22, 2004, and expired at 12:00 Midnight New York City time, on Nov. 19, 2004. At settlement (scheduled for today), the Company will pay approximately $754 million in total (including interest) for all Notes purchased. The Company expects to record a pre-tax charge to earnings of approximately $55 million in connection with the offer.

  (Logo: )

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

The following table provides the aggregate principal amount tendered and accepted for each series:

                                         Principal Amount
                            CUSIP          Tendered and           Prorate
   Title of Securities      Number           Accepted           Percentage
   6.125% Notes due
    March 15, 2007         962166BM5 /
                           962166BD5       $400,140,000           55.917%
   5.950% Notes due
    November 1, 2008       962166BA1       $225,127,000           46.690%

   5.250% due
    December 15, 2009      962166BS2        $75,046,000           33.150%

Because Weyerhaeuser's Maximum Tender Amount of $700 million was exceeded by tenders of the three series of Notes referenced above on or prior to the Early Tender Date, the Company will not purchase any 6.000% Notes due August 1, 2006 and its tender offer for such Notes has been cancelled in accordance with the terms of the Company's Offer to Purchase.

Media - Bruce Amundson (253) 924-3047

Analysts - Kathryn McAuley (253) 924-2058

AP Archive:
PRN Photo Desk,

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:

Welcome to Weyerhaeuser's new website!

You appear to be using an older browser. This website is best viewed using the latest versions of Internet Explorer, Chrome, Safari, and Firefox. If you proceed without upgrading or switching browsers, you may not experience optimal navigation or page functionality. Thank you for your interest in Weyerhaeuser and we hope you enjoy your visit.

Update my browser now