Timberland Acquisitions / Term LoansDuring Q4 2012, two timberland acquisitions were made in and around the company's existing ownership in Arkansas. Combined, Potlatch acquired approximately 9,300 acres for approximately $11.7 million, or a combined average price per acre of $1,258. In December 2012, Potlatch entered into a $12 million term loan to fund these two land acquisitions. The term loan consists of two $6 million tranches, with rates of 2.95% on the 2017 maturity and 3.70% on the 2020 maturity.
Potlatch Reports Fourth Quarter And Full Year 2012 Results
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