Oaktree completed the investment of $250m in Rayonier Advanced Materials.

Oaktree, a private equity firm, completed the investment of $250m in Rayonier Advanced Materials, an American chemical company specializing in cellulose-based products. “We are pleased to have completed this important financing step for RYAM, which strengthens our capital structure and preserves the flexibility to execute our long-term business strategy,” De Lyle Bloomquist, RYAM President and Chief Executive Officer.