{"id":897,"date":"2026-09-17T07:03:19","date_gmt":"2026-09-16T23:03:19","guid":{"rendered":"https:\/\/btbitcoin.net\/index.php\/2026\/09\/17\/west-fraser-enters-into-new-us500m-loan-agreement-maturing-in-2029\/"},"modified":"2026-09-17T07:03:19","modified_gmt":"2026-09-16T23:03:19","slug":"west-fraser-enters-into-new-us500m-loan-agreement-maturing-in-2029","status":"publish","type":"post","link":"https:\/\/btbitcoin.net\/index.php\/2026\/09\/17\/west-fraser-enters-into-new-us500m-loan-agreement-maturing-in-2029\/","title":{"rendered":"West Fraser enters into new US$500M loan agreement, maturing in 2029"},"content":{"rendered":"<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-1f8hkhu loader\">\n<div class=\"image-wrapper yf-1f8hkhu\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" height=\"629\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009.THE CANADIAN PRESS\/Jonathan Hayward &#8211; The Canadian Press<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->VANCOUVER \u2014 West Fraser Timber Co. Ltd. says it has entered into a new US$500-million loan agreement, maturing in 2029.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The company says some of the proceeds will be used to retire its existing US$300-million loan term due in 2028.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->West Fraser CEO Sean McLaren says entering into the new loan term strengthens the company&#8217;s near-term liquidity position, providing more financial flexibility.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The company also declared a dividend of 32 cents US per share, unchanged from the dividend it declared in June.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Canadian forestry companies have been dealing with a difficult backdrop, with tariffs weighing on bottom lines.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Earlier this month, B.C. forestry groups wrote to Premier David Eby saying the industry is at a &#8220;breaking point&#8221; and calling for urgent action to address challenges ranging from slow-moving provincial processes to steep U.S. tariffs.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->This report by The Canadian Press was first published Sept. 16, 2026.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Companies in this story: (TSX: WFG)<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The Canadian Press<!-- HTML_TAG_END -->  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Logs are piled up at West Fraser Timber in Quesnel, B.C [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-897","post","type-post","status-publish","format-standard","hentry","category-3"],"_links":{"self":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts\/897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":0,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"wp:attachment":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}