Suzano sells local notes

Suzano sells local notes

Debenture Capital Markets Debt Fixed Income Brazil Rule 476

Brazil's Suzano has sold BRL750m ($181m) in debentures in the local market, pricing the nine-year notes in line with expectations. Led by Itaú BBA, the São Paulo-based paper company issued the 2028 notes at the DI interbank lending rate plus 1.2%, according to the local capital markets association Anbima.Suzano said it September that it could sell up to BRL1bn in nine-year debentures at the DI plus 1.2%.Last year, the company sold BRL4.68bn in eight-year debentures and secured a three-year, $6.9

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