Suzano’s green bond follows surge in pandemic pulp demand — Panjiva
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Suzano’s green bond follows surge in pandemic pulp demand

Ags - Forestry 124 Brazil 396 Coronavirus 511 Financing 115 Materials - Packaging 52

Paper-maker Suzano is launching a green bond that ties interest payments to its environmental performance. The latter will depend on its economic activity as well as greenhouse gas emissions control investments. Brazilian exports of pulp and paper linked to Suzano have risen during the COVID-19 pandemic with a 7.0% surge in Q2 and an 11.5% jump in July. Pulp shipments have led the way with a 33.1% jump in July caused by an increase in personal care products demand. Suzano’s competitors may consider similar financing decisions. Brazilian wood pulp exports linked to Klabin climbed 10.3% hi...

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