Brazil’s Suzano sets talk in low-6% area for 10-year dollar notes

By Christine Van Dusen

Atlanta, July 7 – Suzano Papel e Celulose SA set talk in the low-6% area for a benchmark-sized offering of dollar-denominated notes due in 10 years (expected ratings: /BB+/BB+), a market source said.

The notes will be issued via Bahia Sul Holdings GmbH.

JPMorgan and Santander are the global coordinators for the Rule 144A and Regulation S deal. BB Securities, Bradesco BBI, BTG Pactual and Itau BBA are the joint bookrunners.

The proceeds will be used to finance and refinance eligible green projects.

Suzano is a pulp and paper company based in Salvador, Brazil.

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