Suzano starts Brazilian pulp paper flurry

By Oliver West
07 Sep 2017

Pulp and paper producer Suzano Papel e Celulose reopened its 10 and 30 year bonds to the tune of $400m in total on Tuesday, becoming the first Lat Am issuer out of the blocks in September and the first of three pulp and paper companies from Brazil likely to issue this month.

Suzano was looking to top up its $300m 2047s, issued in March, as well as the $500m of green bonds due 2026 that it sold in July 2016. Proceeds from the tap of the green notes were for eligible green projects as described in the old bond’s offering ...

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