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Weyerhaeuser Company Announces Early Tender Date Results of Debt Tender Offer
PRNewswire
FEDERAL WAY, Wash.
Nov 5, 2004
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the results of its previously announced tender offer for 4 different securities, for holders who have tendered and not withdrawn their notes by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004.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.
(Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )
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The following table provides the estimated aggregate principal amount tendered and not withdrawn by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004, for each series: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 962166BD5 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 253-924-2058Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
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/