Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 124

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 5
Chunk 124
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. a, maturing in March 2031. The above-mentioned fund was used, together with the company's cash, in an early partial settlement of the export prepayment agreement disclosed in the Notice to the Market of February 11, 2021, totaling US$ 1,486,064 (equivalent to R$ 8,608,769, including principal and interest). The residual amount of the operation maintained its original maturity in March 2027 with a floating rate of SOFR + 1.4% p. a.

Below is a summary of the new debt incurred in 2024:

Banco Nacional de Desenvolvimento Econômico e Social (BNDES)

On June 27, 2024, we raised R$65 million with BNDES at an interest rate of the long-term rate (TLP) plus 1.75% per year, with a one-year grace period and maturity in December 2043. The resources were applied to industrial projects. On August 26, 2024, we raised R$1.1 billion with BNDES at an interest rate of the long-term rate (TLP) plus 1.75% per year, with a seven-year grace period and maturity in May 2044. The resources were applied to forestry projects. On October 16, 2024, we raised R$32 million with BNDES at an interest rate of the long-term rate (TLP) plus 1.75% per year, with maturity in October 2042. The resources were applied to industrial projects. On November 8, 2024, we raised R$154 million with BNDES at an interest rate of the long-term rate (TLP) plus 1.65% per year, with maturity in December 2037. The resources were applied to forestry projects. On December 20, 2024, we raised R$61 million with BNDES at an interest rate of reference rate (TR) plus 2.24% per year, with a one-year grace period and maturity in December 2040. The resources were applied to technological innovation. On December 26, 2024, we raised R$209 million with BNDES at a cost of USD variation plus 1.65% per year, with a one-year grace period and maturity in December 2044. The resources were applied to industrial projects

For each financing operation with BNDES, we are obliged to use the asset financed as collateral