WILDLIGHT, Fla.--(BUSINESS WIRE)--May 12, 2021--
For the offering,
The offering is being made pursuant to an effective shelf registration statement and only by means of a prospectus supplement and accompanying prospectus. A preliminary prospectus supplement dated
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About
Forward-Looking Statements
Certain statements in this press release regarding our ability to complete this offering, the expected gross proceeds and intended uses of those proceeds, the expected timing of the closing of the offering and other similar statements relating to Rayonier’s future events, developments or financial or operational performance or results, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are identified by the use of words such as “may,” “will,” “should,” “expect,” “estimate,” “believe,” “intend,” “project,” “anticipate” and other similar language. However, the absence of these or similar words or expressions does not mean that a statement is not forward-looking. While management believes that these forward-looking statements are reasonable when made, forward-looking statements are not guarantees of future performance or events and undue reliance should not be placed on these statements.
The forward-looking statements also involve significant business, economic, regulatory and competitive uncertainties, many of which are outside of our control. In addition, the following important factors, among others, could cause actual results or events to differ materially from those expressed in forward-looking statements that may have been made in this document:
- our ability to complete the offering on the expected timeline or at all;
- the cyclical and competitive nature of the industries in which we operate;
- fluctuations in demand for, or supply of, our forest products and real estate offerings, including any downturn in the housing market;
- entry of new competitors into our markets;
- changes in global economic conditions and world events, business disruptions arising from public health crises and outbreaks of communicable diseases, including the current outbreak of the virus known as the novel coronavirus;
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fluctuations in demand for our products in
Asia , and especiallyChina ; - the uncertainties of potential impacts of climate-related initiatives;
- the cost and availability of third party logging and trucking services;
- the geographic concentration of a significant portion of our timberland;
- our ability to identify, finance and complete timberland acquisitions;
- changes in environmental laws and regulations regarding timber harvesting, delineation of wetlands, endangered species and development of real estate generally, that may restrict or adversely impact our ability to conduct our business, or increase the cost of doing so;
- adverse weather conditions, natural disasters and other catastrophic events such as hurricanes, windstorms and wildfires;
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the lengthy, uncertain and costly process associated with the ownership, entitlement and development of real estate, especially in
Florida andWashington , including changes in law, policy and political factors beyond our control; the availability of financing for real estate development and mortgage loans; - changes in tariffs, taxes or treaties relating to the import and export of our products or those of our competitors;
- changes in key management and personnel; and
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Rayonier’s ability to meet all necessary legal requirements to continue to qualify as a real estate investment trust for
U.S. federal income tax purposes and changes in tax laws that could adversely affect beneficial tax treatment.
For additional factors that could impact future results, please see Item 1A - Risk Factors in the combined Annual Report of
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Investors / Media
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