Suzano Papel e Celulose SA (SUZ) has released an update.
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Suzano S.A. has successfully completed a significant fundraising initiative with the settlement of its 11th issuance of common debentures, reaching a total amount of BRL 5.9 billion. The debentures, offered in three series with varying terms of 8, 10, and 12 years, will provide the company with a diversified maturity structure and are designed to support its priority sector projects. The financial instruments come with a mix of fixed and DI Rate-based remuneration, with the third series also incorporating IPCA-based monetary adjustments.
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