Suzano International Finance B.V. and Suzano Austria GmbH, subsidiaries of Suzano S.A., have announced cash tender offers for their outstanding 5.750% Guaranteed Notes due 2026 and 5.500% Guaranteed Notes due 2027. The offers are subject to certain conditions, including a Financing Condition, which requires the completion of a debt financing transaction generating sufficient net proceeds to effect the repurchase of the notes.
Suzano International Finance B.V. and Suzano Austria GmbH, subsidiaries of Suzano S.A., have announced cash tender offers for their outstanding 5.750% Guaranteed Notes due 2026 and 5.500% Guaranteed Notes due 2027. The offers, which are subject to certain conditions, aim to repurchase these notes, potentially reducing the company's debt obligations and improving its financial profile.
The tender offers, which commenced on September 2, 2025, are structured to provide flexibility for both the offerors and the noteholders. Each offer is a separate transaction, and each can be amended, extended, or terminated independently. The offers are not contingent upon the tender of any minimum principal amount of notes. However, the obligation to purchase notes is subject to the satisfaction or waiver of certain conditions, including the completion of a debt financing transaction.
The debt financing transaction, referred to as the "Financing Condition," involves the issuance of new debt securities by Suzano Netherlands B.V., a private company with limited liability and a wholly owned finance subsidiary of Suzano. These new securities, denominated in U.S. Dollars, must generate sufficient net proceeds to effect the repurchase of the notes validly tendered and accepted for purchase. The pricing and terms of these new securities are to be determined by Suzano in its sole discretion and subject to applicable law.
The tender consideration for each series of notes will be determined based on the yield to maturity of the applicable reference U.S. Treasury Security, as quoted on the Bloomberg Bond Trader FIT4 at 2:00 p.m., New York City time, on September 8, 2025. The offers are expected to conclude on September 8, 2025, with settlement expected on September 11, 2025.
Holders of the notes are encouraged to carefully review the offer to purchase document, which includes complete instructions on how to tender the notes. The offer to purchase and related supplements are available at the D.F. King website at [www.dfking.com/suzano](http://www.dfking.com/suzano).
References:
[1] https://www.morningstar.com/news/globe-newswire/9521624/suzano-announces-cash-tender-offers-for-notes-due-2026-and-2027
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