Klabin finalizes Puma funds

Klabin finalizes Puma funds


Brazilian paper maker Klabin has placed a BRL800m ($360m) debenture with BNDES, finalizing its funding for a new cellulose factory in Parana. The bond is split into two tranches, a June 2020 convertible instrument that pays 7.25% over the IPCA and wa

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