Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 123

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 5
Chunk 123
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9,738.6 million refers to debentures). The description of our consolidated financings and loans is presented on note 18 to our audited consolidated financial statements, included in this Annual Report. The main factor explaining the increase in debt in local currency is the exchange rate variation of US$ 17,728.3 million, new debt raising of US$ 15,692.9 million and interest accrual of US$ 5,413.7 million during the period.

Debt

Our major categories of long-term indebtedness are described below. The total amounts given below include accrued interest.

• Export financing lines in the total outstanding amount of R$22,623.6 million as of December 31, 2024. This category includes export prepayment facilities (syndicated and bilateral loans) and export credit notes.

• U. S. Dollar denominated fixed-rate debt securities, issued by our wholly owned subsidiaries Suzano Austria GmbH and Suzano International Finance B. V., and fully and unconditionally guaranteed by us, with an aggregate outstanding amount of US$ 8,461.5 million (R$ 52,396.4 million as of December 31, 2024). This includes our green bonds (maturing in 2026 and 2027) and our Sustainability-Linked Notes (maturing in 2028, 2031 and 2032).

• CNY denominated fixed rate notes in the total outstanding amount of US$164.8 millions as of December 31, 2024 (equivalent to R$ 1,020.6 million).

Table of Co ntents

•Brazilian- real denominated Debentures in the total outstanding amount of R$9,859.5 million.

We have one revolving credit line available with international banks expiring in 2027. The revolving credit lines allow more efficient cash management, consistent with our strategic focus on reduction of cost of capital. As of December 31, 2024, we had no outstanding drawn amounts under either facility and the total amount available under these facilities was US$1,275.0 million.

Also, on March 10, 2025, we raised, with several banks (a syndicated operation), an export prepayment ("PPE"), in the amount of US$ 1,200,000 (equivalent to R$ 6,951,600), at a floating rate based on the 3-month SOFR Term + 1.45% p