Suzano reduces by half the financing for the acquisition of Fibria

Suzano reported on Tuesday that reduced by half the financial commitment with certain international banks to finance a portion of the merger with Fibria. With that, the loan went from $ $4.4 billion to $ $2.2 billion. Second Suzano, the reduction of the financial commitment is in line with the strategy and management of indebtedness of the company and was possible thanks to the latest issues of debt and strong cash generation. On 27 August, the Suzano announced the issuance of export credit and rural producer credit in the amount of R $786 million. On September 17, issued $1 billion in bonuses of ten years. The company reiterated that the consummation of the transaction is subject to compliance with other conditions usual precedents for this type of operation, including the approval by competition authorities in Brazil and abroad. Until the date of completion of the transaction, the companies did not suffer any change in the conduct of its business and will remain operating independently.