-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KjxnxKU+C1dIyeoL3+Os96+U3GVwuuKhbHknEhiRsTj43gRPd8Fxy4JyWzKKzbRg e/HrLy1V6cqX6G0HZyulww== 0000950123-99-000421.txt : 19990129 0000950123-99-000421.hdr.sgml : 19990129 ACCESSION NUMBER: 0000950123-99-000421 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAYONIER INC CENTRAL INDEX KEY: 0000052827 STANDARD INDUSTRIAL CLASSIFICATION: LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400] IRS NUMBER: 132607329 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: SEC FILE NUMBER: 333-52857 FILM NUMBER: 99515044 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 NO. 1 1 Pricing Supplement No. 1 dated January 27, 1999 Rule 424 (b) (2) File No. 333-52857 (To Prospectus dated August 18, 1998 and 33-52855 Prospectus Supplement dated November 16, 1998) Cusip # 75507QAL6 Rayonier Inc. Medium-Term Notes (Fixed Rate) Payable May 15 and November 15 Due Nine Months or More from Date of Issue - -------------------------------------------------------------------------------- Principal Amount: $50,000,000 Trade Date: January 27, 1999 Issue Price: 100 Original Issue Date: February 1, 1999 Interest Rate: 6.15% Agent's Commission: 0.50% Maturity Date: February 2, 2004 Net Proceeds to Issuer: $49,750,000 - -------------------------------------------------------------------------------- Redemption: [X] The Notes cannot be redeemed prior to maturity [ ] The Notes may be redeemed prior to maturity Initial Redemption Date: Initial Redemption Price: Annual Redemption Price Reduction: Repayment: [X] The Notes cannot be repaid prior to maturity [ ] The Notes can be repaid prior to maturity at the option of the holder Repayment Price: Repayment Date: Original Issue Discount Note: [ ] Yes [X] No Total Amount of OID: Original Yield to Maturity: Initial Accrual Period OID: Form: [X] Book Entry Depositary: DTC [ ] Certificated Selling Agent: [X] Credit Suisse First Boston ($ 15,000,000) [X] Morgan Stanley & Co. ($ 30,000,000) [X] Chase Securities ($ 5,000,000) Other Provisions: -----END PRIVACY-ENHANCED MESSAGE-----