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Article: Fitch Affirms Plum Creek Ratings at 'BBB-'.
- Article from:
- Business Wire
- Article date:
- August 25, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Fitch has affirmed the 'BBB-' rating of Plum Creek Timber Company, Inc.'s senior unsecured privately placed debt and rated the company's bank debt 'BBB-'. The Rating Outlook is Stable.
Plum Creek is a real estate investment trust with 7.7 million acres of timberland under its control and the second largest private timberland owner in the U.S. The company will harvest nearly 19 million tons of trees this year, a far more stable source of cash flow than that of lumber, plywood, and fiberboard manufacturing, which account for about one-third of annual revenues but a significantly smaller portion of operating income. Operating income is supplemented by the ...
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Article: PLUM CREEK TIMBER CO., L.P., ANNOUNCES RECORD ...
PR Newswire;
January 19, 1993 ;
700+ words
... ... Income statements for Plum Creek follow. PLUM CREEK TIMBER CO., L ... 80,214 86,193 Operating income 15,465 15,168 ... 0.41 $ 0.39 PLUM CREEK TIMBER CO., L ... 125 320,385 Operating income 97,782 55,660 ...
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