Suzano Papel e Celulose SA (SUZ) has released an update.
Suzano S.A. has announced the issuance of Panda Bonds worth approximately $165 million in the Chinese market, with a 2.8% annual yield, maturing in 2027. These bonds, certified as green according to Chinese standards, will finance eucalyptus forest plantation development, enhancing Suzano’s sustainable initiatives. This move marks a strategic expansion of Suzano’s funding sources and underscores its commitment to transparency with investors.
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