Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 240

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 240
---
6.6 Advance of exchange contract (“ ACC”)

On May 17, 2024, the Company rolled over an ACC of US$ 100,000 555,890 6 6.46

On June 5, 2024, the Company raised an ACC from BNP bank in the amount of US$ 15,000 83,383 6.43

On June 21, 2024, the Company rolled over an ACC of US$ 35,000 194,561 6.52 6.54

18.6.7 Panda Bonds

On November 15, 2024, the Company issued a panda bond in China in the amount of CNY 1,200,000 166,000 960,891 2.8

The Panda Bonds have been certified as green bonds according to the analysis of the China Green Bond Standard Committee. Suzano has also voluntarily obtained an independent Second Party Opinion from Sustainalytics US Inc., which ensures that the allocation of funds under this operation is in line with the Green Bond Principles published by the International Capital Markets Association (ICMA).

18.6.8 International Finance Corporation (“ IFC”)

On December 10, 2024, the Company drew down the amount available under a credit line with the IFC and a syndicate of commercial banks, in the amount of US$ 350,000 2,118,515

The financing is made up of the following parts: (i) “ B-loan - tranche 1”, in the amount of US$ 105,000 635,554 1.60 245,000 1,482,961 1.80

The credit operation has sustainability performance indicators (KPIs) associated with targets for: (a) reducing the intensity of greenhouse gas (GHG) emissions; and (b) increasing the representation of women in leadership positions in the company. The funds will be allocated to the Cerrado Project.

  F-69  

Table of Contents

18.7 Significant transactions settled during the year

18.7.1 Export Prepayment

On February 15, 2024, the Company partially settled, in advance, a pre-export facility with several banks (a syndicated operation), in the total amount of US$ 620,000 3,209,057 1.41

On June 7, 2024, the Company early settled a debenture with Brades