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Re: DewDiligence post# 12544

Thursday, 12/01/2016 2:04:33 PM

Thursday, December 01, 2016 2:04:33 PM

Post# of 29334
WY intends to use $1.6B after-tax proceeds of cellulose-fibers divestiture for debt repayment:

http://finance.yahoo.com/news/weyerhaeuser-completes-sale-cellulose-fibers-143600339.html

Left unsaid in the PR: After WY pays down $1.6B of debt, it will be well-placed to boost the dividend. A dividend boost will, in turn, allow WY to trade like a stock rather than a bond proxy.

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