- Prospectus filed pursuant to Rule 424(b)(7) (424B7)
14 Julho 2010 - 5:21PM
Edgar (US Regulatory)
Filed pursuant to Rule 424(b)(7)
Registration No: 333-162959
333-162959-01
PROSPECTUS SUPPLEMENT NO. 1
(To Prospectus Dated November 6, 2009)
$172,500,000
Rayonier TRS Holdings Inc.
4.50% Senior Exchangeable Notes due 2015
Unconditionally Guaranteed by Rayonier Inc.
This prospectus supplement, which supplements the prospectus filed by Rayonier TRS Holdings Inc. (the Company) and Rayonier
Inc. (Rayonier) on November 6, 2009, will be used by selling security holders to resell the notes and the common shares issuable upon the exchange of the notes. You should read this prospectus supplement in conjunction with the related
prospectus which is to be delivered by selling security holders to prospective purchasers along with this prospectus supplement.
You should read and rely only on the information contained in the prospectus supplement and the related prospectus, together with
those documents incorporated by reference, as described on pages 57 and 58 of the related prospectus under Incorporation of Certain Documents By Reference. Neither the Company, Rayonier nor any selling security holder has authorized any
person to provide you with different or additional information. If anyone provides you with different or additional information, you should not rely on it. The selling security holders are offering to sell, and are seeking offers to buy, the
securities only in jurisdictions where offers and sales are permitted. Neither this prospectus supplement nor the related prospectus constitutes an offer to sell, or a solicitation of an offer to buy, any securities by any person in any jurisdiction
in which it is unlawful for such person to make such an offer or solicitation. You should not assume that the information contained in this prospectus supplement or the related prospectus is accurate as of any date other than the date on the front
cover of the respective document.
You should consider the risks described in Risk Factors beginning on
page 7 of the related prospectus.
Neither the Securities and Exchange Commission nor any state securities commission
has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
The date of this prospectus is July 14, 2010
SELLING SECURITY HOLDERS
The information set forth in the following table modifies and supplements the information set forth in the table appearing under the
heading Selling Security Holders in the related prospectus. The information is based on information provided to the Company and Rayonier by or on behalf of the selling security holders on or prior to July 14, 2010 and has not been
independently verified by the Company or Rayonier. Since the date on which each selling security holder identified below provided this information, any of these selling security holders may have sold, transferred or otherwise disposed of all or a
portion of its securities in transactions exempt from the registration requirements of the Securities Act or pursuant to the prospectus to which this prospectus supplement relates. The selling security holders may from time to time offer and sell
pursuant to the prospectus or supplements thereto any or all of the securities. Because the selling security holders are not obligated to sell securities, the Company cannot estimate the amount of the notes or how many of Rayoniers common
shares the selling security holders will hold upon consummation of any such sales. Information about other selling security holders, if any, will be provided in one or more prospectus supplements or post-effective amendments to the registration
statement of which the prospectus is a part.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount of
Notes
Beneficially
Owned ($)
|
|
Percentage of
Notes
Beneficially
Owned
|
|
|
Amount of
Notes to Be
Sold ($)(1)
|
|
Number of
Rayonier
Common
Shares
Beneficially
Owned (2)
|
|
Number of
Rayonier
Common
Shares That
May Be Sold
(1)(2)
|
|
Number of
Rayonier
Common
Shares Upon
Completion of
Offering (1)
|
Advent Global Phoenix High Grade Convertible Fund(3)
|
|
1,180,000
|
|
*
|
|
|
1,180,000
|
|
23,488
|
|
23,488
|
|
|
American Family Mutual Insurance Company(3)(4)
|
|
3,665,000
|
|
2.1
|
%
|
|
3,665,000
|
|
72,953
|
|
72,953
|
|
|
CA State Automobile Association Inter-Insurance Bureau(5)
|
|
400,000
|
|
*
|
|
|
400,000
|
|
7,962
|
|
7,962
|
|
|
CSAA IIB AutoBank Retirement Plan(5)
|
|
200,000
|
|
*
|
|
|
200,000
|
|
3,981
|
|
3,981
|
|
|
DeKalb County Pension Board(5)
|
|
250,000
|
|
*
|
|
|
250,000
|
|
4,976
|
|
4,976
|
|
|
The Doctors Company Insurance Group(5)
|
|
300,000
|
|
*
|
|
|
300,000
|
|
5,971
|
|
5,971
|
|
|
FFVA Mutual Insurance Company(3)(6)
|
|
112,000
|
|
*
|
|
|
112,000
|
|
2,229
|
|
2,229
|
|
|
Georgetown University(3)
|
|
200,000
|
|
*
|
|
|
200,000
|
|
3,981
|
|
3,981
|
|
|
HFR CA Opportunity Master Trust Fund(3)(7)
|
|
66,000
|
|
*
|
|
|
66,000
|
|
1,313
|
|
1,313
|
|
|
Indiana Lumbermans Mutual Insurance Company(3)
|
|
100,000
|
|
*
|
|
|
100,000
|
|
1,990
|
|
1,990
|
|
|
Insurance Australia Group(3)
|
|
1,300,000
|
|
*
|
|
|
1,300,000
|
|
25,877
|
|
25,877
|
|
|
JABCAP Multi Strategy Master Fund Limited(8)
|
|
10,000,000
|
|
5.8
|
%
|
|
10,000,000
|
|
199,055
|
|
199,055
|
|
|
Man Umbrella SICAV(9)
|
|
1,250,000
|
|
*
|
|
|
1,250,000
|
|
24,881
|
|
24,881
|
|
|
New York City Employees Retirement System(5)
|
|
600,000
|
|
*
|
|
|
600,000
|
|
11,943
|
|
11,943
|
|
|
New York City Fire Department Pension Fund,
Sub-Chapter 2(5)
|
|
150,000
|
|
*
|
|
|
150,000
|
|
2,985
|
|
2,985
|
|
|
New York City Police Pension Fund,
Sub-Chapter 2(5)
|
|
300,000
|
|
*
|
|
|
300,000
|
|
5,971
|
|
5,971
|
|
|
Pension, Hospitalization Benefit Plan of the Electrical Ind. Pen. Ind.(5)
|
|
625,000
|
|
*
|
|
|
625,000
|
|
12,440
|
|
12,440
|
|
|
The Police and Fire Retirement System of the City of Detroit(3)(10)
|
|
305,000
|
|
*
|
|
|
305,000
|
|
6,071
|
|
6,071
|
|
|
Suzuka Inka Annapurna(3)
|
|
1,600,000
|
|
*
|
|
|
1,600,000
|
|
31,848
|
|
31,848
|
|
|
Teachers Retirement System for the City of
New York(5)
|
|
400,000
|
|
*
|
|
|
400,000
|
|
7,962
|
|
7,962
|
|
|
Trustmark Insurance Company(3)(11)
|
|
245,000
|
|
*
|
|
|
245,000
|
|
4,876
|
|
4,876
|
|
|
S-1
(1)
|
Because a selling security holder may sell all or a portion of the notes and Rayonier common shares issuable upon exchange of the notes pursuant to this prospectus
supplement, an estimate cannot be given as to the number or percentage of notes and Rayonier common shares that the selling security holder will hold upon termination of any sales. The information presented assumes that all of the selling security
holders will fully exchange the notes for cash and Rayonier common shares and that the selling security holders will sell all Rayonier common shares that they received pursuant to such exchange.
|
(2)
|
Includes the number of Rayonier common shares issuable upon exchange of all of that particular security holders notes at the initial exchange rate of 19.9055
shares per $1,000 principal amount of the notes, without giving effect to any cash that will be issued in lieu thereof as described under Description of the NotesExchange of NotesSettlement Upon Exchange. This exchange rate
is subject to adjustment as described in the related prospectus under Description of the NotesExchange of NotesExchange Rate Adjustments. Accordingly, the number of Rayonier common shares to be sold may increase or decrease
from time to time. Fractional shares will not be issued upon exchange of the notes. Cash will be paid instead of fractional shares, if any.
|
(3)
|
Tracy V. Maitland of Advent Capital Management LLC has or shares voting or investment power over the notes and common stock issuable upon exchange of the notes held by
Advent Global Phoenix High Grade Convertible Fund, American Family Mutual Insurance Company, The Police and Fire Retirement System of the City of Detroit, FFVA Mutual Insurance Company, Georgetown University, HFR CA Opportunity Master Trust Fund,
Indiana Lumbermans Mutual Insurance Company, Insurance Australia Group, Suzuka Inka Annapurna and Trustmark Insurance Company.
|
(4)
|
We have been advised that American Family Mutual Insurance Company currently holds $3,665,000 aggregate principal amount of notes, which amount includes $2,930,000
aggregate principal amount of notes that was included under Selling Security Holders in the related prospectus.
|
(5)
|
Christopher Towle of Lord, Abbett & Co. LLC has or shares voting or investment power over the notes and common stock issuable upon exchange of the notes held by CA
State Automobile Association Inter-Insurance Bureau, CSAA IIB AutoBank Retirement Plan, DeKalb County Pension Board, The Doctors Company Insurance Group, New York City Employees Retirement System, New York City Fire Department Pension Fund,
Sub-Chapter 2, New York City Police Pension Fund, Sub-Chapter 2, Pension, Hospitalization Benefit Plan of the Electrical Ind. Pen. Ind. and Teachers Retirement System for the City of New York.
|
(6)
|
We have been advised that FFVA Mutual Insurance Company currently holds $112,000 aggregate principal amount of notes, which amount includes $92,000 aggregate principal
amount of notes that was included under Selling Security Holders in the related prospectus.
|
(7)
|
We have been advised that HFR CA Opportunity Master Trust Fund currently holds $66,000 aggregate principal amount of notes, which amount includes $64,000 aggregate
principal amount of notes that was included under Selling Security Holders in the related prospectus.
|
(8)
|
Philippe Jabre of Jabre Capital Partners SA has or shares voting or investment power over the notes and common stock issuable upon exchange of the notes held by JABCAP
Multi Strategy Master Fund Limited.
|
(9)
|
The Man Umbrella SICAV has indicated that it currently holds $1,250,000 aggregate principal amount of notes, which amount includes $500,000 aggregate principal amount
of notes that was included under Selling Security Holders in the related prospectus. The Man Umbrella SICAV, formerly known as RMF Umbrella SICAV, is a self contained open ended Investment Fund founded under Luxembourg law. It has no
management company or single controlling shareholder. The fund issues shares of equal value and equal voting power. It is controlled by all of its shareholders.
|
(10)
|
We have been advised that The Police and Fire Retirement System of the City of Detroit currently holds $305,000 aggregate principal amount of notes, which amount
includes $255,000 aggregate principal amount of notes that was included under Selling Security Holders in the related prospectus.
|
(11)
|
We have been advised that Trustmark Insurance Company currently holds $245,000 aggregate principal amount of notes, which amount includes $215,000 aggregate principal
amount of notes that was included under Selling Security Holders in the related prospectus.
|
Selling security holders who are registered broker-dealers are underwriters within the meaning
of the Securities Act of 1933. In addition, selling security holders who are affiliates of registered broker-dealers are underwriters within the meaning of the Securities Act of 1933 if such selling security holder (a) did not
acquire its notes or underlying shares of Rayonier common stock in the ordinary course of business or (b) had an agreement or understanding, directly or indirectly, with any person to distribute the notes or underlying shares of common stock.
To the Companys and Rayoniers knowledge, no selling security holder who is a registered broker-dealer or an affiliate of a registered broker-dealer received any securities as underwriting compensation.
S-2
Rayonier TRS Holdings Inc.
Rayonier (NYSE:RYN)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Rayonier (NYSE:RYN)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024