In the offer, the company offered to purchase for cash up to USD 500 million principal amount of its outstanding 6.750% notes due 3/15/12 (the securities) from each registered holder of securities. The offer expired at midnight, Eastern Time, on 09 December 2009. On 09 December 2009, USD 364,225,000 principal amount (of a total outstanding principal amount of USD 1,433,122,000) of securities had been validly tendered in connection with the offer.
The company has accepted USD 364,225,000 principal amount of the Securities at a price of USD 1062.50 per USD 1000 principal amount of the Securities.
The settlement date for the offer will be 10 December 2009. In addition to any consideration received, holders who tendered securities will be paid any accrued and unpaid interest calculated up to, but not including, the settlement date.
Bank of America Merrill Lynch and Citigroup Global Markets Inc. were the lead dealer managers for the Offer. Deutsche Bank Securities Inc., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated and Goldman, Sachs & Co. were the co-dealer managers for the Offer. Global Bondholder Services Corporation was the Depositary and Information Agent. Persons with questions regarding the offer should contact Bank of America Merrill Lynch toll free at (888) 292-0070 or collect at (646) 855-3401, Attn. Debt Advisory Services or Citigroup Global Markets Inc. toll free at (800) 558‑3745 or collect at (212) 723‑6106, Attn. Liability Management Desk. Requests for documents should be directed to Global Bondholder Services Corporation toll free at (866) 804‑2200 or collect at (212) 430‑3774.
Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2008, sales were USD 8 billion. The company has offices or operations in 10 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 and development. Additional information about Weyerhaeuser's businesses, products, and practices is available at http://www.weyerhaeuser.com.