-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, iSfrcdyKqFxJgj9HMilvjf+H/c8Bu2ljkT4/95+n6moJfb3Lx+lNG9IxFmnsYYVk HRfrYlZXLHt5u3icod9Itw== 0000052827-94-000004.txt : 19940823 0000052827-94-000004.hdr.sgml : 19940823 ACCESSION NUMBER: 0000052827-94-000004 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAYONIER INC CENTRAL INDEX KEY: 0000052827 STANDARD INDUSTRIAL CLASSIFICATION: 2611 IRS NUMBER: 132607329 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 033-52855 FILM NUMBER: 94545299 BUSINESS ADDRESS: STREET 1: 1177 SUMMER ST CITY: STAMFORD STATE: CT ZIP: 06904 BUSINESS PHONE: 2033487000 MAIL ADDRESS: STREET 1: 1177 SUMMER STREET CITY: STAMFORD STATE: CT ZIP: 06905-5529 FORMER COMPANY: FORMER CONFORMED NAME: ITT RAYONIER INC /CT/ DATE OF NAME CHANGE: 19940422 FORMER COMPANY: FORMER CONFORMED NAME: ITT RAYONIER INC DATE OF NAME CHANGE: 19920703 424B2 1 Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,983,500.00 Issue Price: 100% Selling Agent's Commission: 0.150% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: September 20, 1995 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: September 21, 1994 Based on 1 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of December, March, June, and September Spread: +25 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee X Lazard Freres & Co. _____ Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,983,500.00 Issue Price: 100% Selling Agent's Commission: 0.150% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: September 20, 1995 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: September 21, 1994 Based on 1 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of December, March, June, and September Spread: +25 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. X Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,983,500.00 Issue Price: 100% Selling Agent's Commission: 0.150% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: September 20, 1995 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: September 21, 1994 Based on 1 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of December, March, June, and September Spread: +25 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. _____ Morgan Stanley & Co. X Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,972,500.00 Issue Price: 100% Selling Agent's Commission: 0.250% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 16, 1996 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July and October Spread: +33 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee X Lazard Freres & Co. _____ Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,972,500.00 Issue Price: 100% Selling Agent's Commission: 0.250% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 16, 1996 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July, and October Spread: +33 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. X Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,972,500.00 Issue Price: 100% Selling Agent's Commission: 0.250% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 16, 1996 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July, and October Spread: +33 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. _____ Morgan Stanley & Co. X Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,000,000.00 Net Proceeds to Issuer: $10,961,500.00 Issue Price: 100% Selling Agent's Commission: 0.350% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 15, 1997 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July, and October Spread: +40 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: X Agent _____ Principal If as principal: _____ The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee X Lazard Freres & Co. _____ Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,500,000.00 Net Proceeds to Issuer: $11,459,750.00 Issue Price: 100% Selling Agent's Commission: 0.350% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 15, 1997 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July, and October Spread: +40 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: _____ Agent X Principal If as principal: X The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. X Morgan Stanley & Co. _____ Salomon Brothers Inc. Pricing Supplement Dated August 18, 1994 Rule 424 (b) (2) (To Prospectus dated May 17, 1994 and File Numbers: 33-51972 Prospectus Supplement dated May 27, 1994) 33-52855 Rayonier Inc. Medium Term Notes - Floating Rate Trade Date: August 18, 1994 Original Issue Date: August 25, 1994 Principal Amount US $11,500,000.00 Net Proceeds to Issuer: $11,459,750.00 Issue Price: 100% Selling Agent's Commission: 0.350% Initial Interest Rate: to be determined on the LIBOR determination date Maturity Date: October 15, 1997 Form: X Book-Entry _____ Certified Interest: Base Rate: _____ CD Rate _____ Commercial Paper Rate _____ Fed Funds Rate X LIBOR: X Telerate Reset _____ Reuters Reset _____ Treasury Rate _____ Other (see attached) Interest Rate Formula: _________________________________ (see attached) First Coupon: October 19, 1994 Based on 2 month LIBOR Interest Reset Period: Quarterly Interest Payment Period: Quarterly Index Maturity: 3 months Interest Payment Date: Third Wednesday of January, April, July, and October Spread: +40 bps Maximum Interest Rates: N/A Minimum Interest Rates: N/A Redemption: X The Notes cannot be redeemed prior to maturity _____ The Notes may be redeemed prior to maturity Initial Redemption Date: _____ Initial Redemption Price: _____ Annual Redemption Price Reduction: _____ Repayment: X The Notes cannot be repaid prior to maturity _____ The Notes can be repaid prior to maturity at the option of the holder Repayment Price: _____ Repayment Date: _____ Discount Note: _____ Yes X No Total Amount of OID _____ Original Yield to Maturity: _____ Initial Accrual Period O/D: _____ Method Used to Determine Yield for Initial Accrual Period: _____ Approximate _____ Exact Capacity: X Agent _____ Principal If as principal: _____ The Registered Notes are being offered at varying prices related to prevailing market prices at the time of resale. _____ The Registered Notes are being offered at a fixed initial public offering price 100% of Principal Amount. The Registered Notes are being reoffered to dealers with a reallowance not to exceed 66.2/3% of the Commission of Fee _____ Lazard Freres & Co. _____ Morgan Stanley & Co. X Salomon Brothers Inc. -----END PRIVACY-ENHANCED MESSAGE-----