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July 22, 2020

Boise Cascade

In Idaho, Boise Cascade Co. priced an offering of $400 million in 4.88% senior notes due in 2030. The notes will be guaranteed by certain Boise Cascade subsidiaries. The company intends to use the proceeds, and existing cash, to redeem all of its outstanding 5.63% senior notes due in 2024, to pay off a term loan of $45 million, and to pay fees and expenses related to the current note offering. The deal is expected to close July 27. Boise Cascade produces engineered wood products and plywood in North America, and distributes building products.




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