Financing ·
West Fraser Timber Co. Ltd. entered into a new $500 million three-year term loan maturing in September 2029, with…
WFGWest Fraser Timber Co., Ltd
West Fraser Timber Co. Ltd. entered into a new $500 million three-year term loan maturing in September 2029, with partial proceeds used to retire an existing $300 million term loan due in 2028. The company also declared a quarterly dividend of US$0.32 per share on its Common and Class B Common shares. This dividend is payable on October 19, 2026, to shareholders of record as of September 29, 2026. Pro forma for the refinancing at the end of Q2 2026, the company reported available liquidity of over $1.2 billion and a net debt to capital ratio of 5.4%. West Fraser is a diversified wood products company that produces lumber, engineered wood products, pulp, paper, and other residuals for construction and industrial applications.