Duratex, Lenzing finance pulp mill in Brazil

Duratex, Lenzing finance pulp mill in Brazil

Loans Project & Infrastructure Finance Debt Brazil Europe US

LD Celulose, a joint venture between Brazil's Duratex and Austria's Lenzing, has signed agreements for $1.15 billion in loans to finance construction of a dissolving wood pulp facility in Brazil, according to a securities filing from Duratex.  IDB Invest, part of the Inter-American Development Bank (IDB), and the International Finance Corporatio (IFC), part of the World Bank Group, supplied an 11-year A loan for $500 million and also organized a nine-year B loan with seven lenders for the same a

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial