January 29, 2021 |
Brazilian pulp and paper Suzano is negotiating a syndicated loan with an environmental, social and governance (ESG) component less than four months after issuing its first sustainability-linked bond, chief financial officer Marcelo Bacci said at an event hosted by LatinFinance on Thursday.
Bacci declined to say how much Suzano could borrow through the loan, but he said the company will likely make an announcement "very shortly." The loan will include ESG performance targets like the sustainabili
EXCLUSIVE: Brazil's largest pulp and paper company is structuring a loan months after issuing its first sustainability-linked bonds, CFO says