West Fraser Announces Term Loan Refinancing and Declares Dividend

West Fraser Timber Co. Ltd.
September 16, 2026
Category: Finance & Economics
Region: Canada, Canada West

VANCOUVER, BC — West Fraser Timber announced that it has entered into a new $500 million three-year term loan, partial proceeds of which will be used to retire its existing $300 million term loan due in 2028. The new term loan matures in September 2029. The Company’s $1 billion syndicated credit facility remains outstanding on existing terms and has approximately four years remaining to its May 2030 maturity. …”Entering into a new $500 million term loan strengthens our near-term liquidity position and provides additional financial flexibility,” said Sean McLaren, President and CEO, West Fraser. …The Company has also declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on October 19, 2026 to shareholders of record on September 29, 2026.

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