Suzano in $1 Billion Bond Offering and Concurrent Tender Offers

Cleary Gottlieb represented Suzano in an offering of $1 billion 5.5% global notes due 2036, issued by Suzano Netherlands and guaranteed by Suzano and concurrent tender offers.

The bonds were sold in a takedown from Suzano’s debt shelf registration statement on file with the SEC and are intended to be listed on the New York Stock Exchange. The offering priced on September 3, 2025, and closed on September 10, 2025.

BNP Paribas, BofA Securities, Itau BBA, J.P. Morgan, Mizuho, and Rabo Securities acted as global coordinators and joint bookrunners, and Credit Agricole, Goldman Sachs, HSBC, MUFG, Safra, Santander, Scotia Capital, SMBC, and UBS acted as joint bookrunners. Suzano expects to use the net proceeds from the sale of the notes to fund a concurrent offer to purchase any and all of the 5.75% global notes due 2026 issued by Suzano Austria GmbH and the 5.5% global notes due 2027 issued by Suzano International Finance B.V., wholly owned subsidiaries of Suzano. The tender offers expired on September 8, 2025, and settled on September 11, 2025.

Suzano is a global paper and pulp producer and one of Latin America’s largest paper manufacturers.