After Fibria acquisition, Suzano looks to lower debt

After Fibria acquisition, Suzano looks to lower debt

Debt Bonds Loans Corporate & Sovereign Strategy Capital Markets Brazil US

Following the acquisition of rival Fibria last year, Brazilian pulp and paper company Suzano is looking to lower its debt levels by following a defensive financial strategy that assures high liquidity and puts a limit on investments, CEO Walter Schalka told LatinFinance. "We always seek to find ways to decrease interest rates and increase the maturities of our debt," Schalka said. "We don't have any issuance in the process at this point of time, but it could happen all the time as we track the m

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