Potlatch Corporation (NasdaqGS:PCH) acquired 9,285 acres of timberland in Arkansas for $11.7 million on December 18, 2012. One acquisition was 2,981 acres for approximately $3.9 million, and the other was 6,304 acres for approximately $7.9 million. On December 18, 2012, Potlatch entered into a $12 million term loan to fund the timberland 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 Corporation (NasdaqGS:PCH) completed the acquisition of 9,285 acres of timberland in Arkansas on December 18, 2012.