Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 126

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 5
Chunk 126
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 with a principal grace period of four years.

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.

Rural Notes of Credit (NCR)

In March 2024, we raised R$200 million in rural notes of credit with Safra bank with a cost of 100% of CDI, with maturity in March 2025.

Export Development Canada (“ EDC”)

In April 2024, we raised US$125 million in a loan with EDC with a cost of SOFR + 1.74% per year, with maturity in April 2031.

Payments on maturity.

On June 7, 2024, we fully paid in advance debentures issued with Banco Bradesco in the amount of R$4,926.6 million (principal and interest) as part of a debt rollover strategy. The original maturity of this debt was in June 2025 and June 2026, at the cost of 112.5% of the Brazilian Interbank Deposit Certificate Rate (C ertificado de Depósito Interbancári o, or CDI).

On February 15, 2024, we partially prepaid an export prepayment agreement with a banking sindicate in the amount of US$620 million (principal and interest) as part of a debt rollover strategy. For the residual amount was maintained the original maturity in February 2026, at the interest rate of SOFR 1.41% per year.

Panda Bonds

On November 15, 2024, we issued panda bonds in China, amounting to CNY1,200,000 (equivalent to US$166.0 million or R$960.9 million), with a fixed interest rate of 2.8% and a maturity period of three years.

The Panda Bonds were certified as green bonds according to the analysis of the China Green Bond Standard Committee. We voluntarily obtained an independent evaluation from Sustainalytics US Inc. (Second Party Opinion), which confirms that the allocation of the funds from this operation is in compliance with the Green Bond Principles published by the International Capital Markets Association (ICMA).

Covenants

Currently, we have no financial covenants. As of December 31, 2024, we were in compliance with