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Latest Key Developments (Source: Significant Developments)

Potlatch Corp Declares Distribution on Common Stock
Thursday, 9 May 2013 02:15pm EDT 

Potlatch Corp announced that it has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable June 27, 2013 to stockholders of record on June 7, 2013.  Full Article

Potlatch Corp Announces CEO Change-Form 8-K
Wednesday, 27 Feb 2013 10:32pm EST 

Potlatch Corp reported in its Form 8-K that on February 26, 2013, the Board of Directors of Potlatch Corporation appointed Eric J. Cremers, to serve as President and Chief Operating Officer of the Company effective March 1, 2013. Michael J. Covey, 55, the Company’s President and Chief Executive Officer (CEO) since February 2006, will continue to serve as Chief Executive Officer (CEO).  Full Article

Potlatch Corp Declares Distribution On Common Stock
Friday, 15 Feb 2013 03:04pm EST 

Potlatch Corp announced that it has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable March 26, 2013 to stockholders of record on March 8, 2013.  Full Article

Potlatch Corp Announces New $250 Million Senior Unsecured Credit Facility
Tuesday, 11 Dec 2012 07:30pm EST 

Potlatch Corp announced the closing of a new five-year $250 Million Senior Unsecured Revolving Credit Facility with a syndicate of financial institutions, led by Bank of America Merrill Lynch and KeyBanc Capital Markets, Inc. The credit agreement also includes an optional increase in aggregate commitment amount of up to $100 million, subject to certain conditions. This agreement replaces the Company's existing secured credit agreement maturing in December 2013 with significantly improved terms. As of the end of the Company's most recent reported quarter ended September 30, 2012, no amounts were outstanding under the prior agreement. The Company intends to use the Senior Unsecured Revolving Credit Facility to provide additional liquidity and general corporate purposes. Terms and conditions of the credit facility will be described in the Company's filings with the Securities and Exchange Commission.  Full Article

Potlatch Corp Declares Quarterly Distribution
Friday, 7 Dec 2012 02:15pm EST 

Potlatch Corp announced that it has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable December 28, 2012 to stockholders of record on December 17, 2012.  Full Article

Potlatch Corp Declares Distribution On Common Stock
Friday, 7 Sep 2012 02:00pm EDT 

Potlatch Corp announced that it has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable September 28, 2012 to stockholders of record on September 17, 2012.  Full Article

Potlatch Corporation Declares Distribution on Common Stock
Thursday, 10 May 2012 04:31pm EDT 

Potlatch Corporation announced that the Board of Directors has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable June 26, 2012 to stockholders of record on June 8, 2012.  Full Article

Potlatch Corporation Declares Distribution On Common Stock
Friday, 17 Feb 2012 02:00pm EST 

Potlatch Corporation announced that the Board of Directors has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable March 27, 2012 to stockholders of record on March 9, 2012.  Full Article

Potlatch Corporation Reduces Annual Dividend To $1.24 Per Year
Monday, 5 Dec 2011 06:00am EST 

Potlatch Corporation announced that its Board of Directors has reduced the Company`s dividend to $1.24 per year or $0.31 per quarter. This reduction was made following the Company`s presentation of its 2012 annual plan to its Board of Directors, which included management recommendations to reduce harvest levels to preserve the long-term value of its strategic timberland holdings. The distribution of $0.31 per share is payable December 29, 2011 to stockholders of record on December 15, 2011.  Full Article

Potlatch Corporation Declares Distribution On Common Stock
Friday, 9 Sep 2011 02:00pm EDT 

Potlatch Corporation announced that the Board of Directors declared a quarterly distribution on the Company's common stock. The distribution of $0.51 per share is payable September 30, 2011 to stockholders of record on September 19, 2011.  Full Article

Potlatch Corp News

TEXT - S&P cuts Potlatch debentures to 'BB'

Overview -- U.S. timber real estate investment trust (REIT) Potlatch Corp. entered into a new unsecured revolving credit facility and released collateral securing its existing secured debt. -- We are lowering our issue-level rating on the company's 6.95% debentures to 'BB' from 'BBB-' and revising the recovery rating to '3' from '1', as they are now unsecured. -- We are affirming all other ratings, including our 'BB' corporate credit rating. -- The stable rating outloo

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