Firm Reps Banks in $1.2B Credit Facility for Suzano

Feb. 26, 2025 – Hughes Hubbard served as counsel to the administrative agent, sustainability structuring agent and a group of lenders from across the world on a $1.2 billion sustainability-linked export prepayment term loan credit facility for Suzano International Finance B.V., and guaranteed by Brazilian paper producer Suzano S.A.

The sustainability-linked facility includes adjustments based on Suzano’s goal of 500,000 hectares of reforestation corridors to connect fragments of native forest it owns across Brazil’s Cerrado savannah, Atlantic Forest and Amazon biomes by 2030.

Latin Lawyer and Latinvex reported on the transaction.

Emilio Saiz led the Hughes Hubbard team, which included George Cortina, with key assistance from Justin Cohen, Santiago Diaz-Seijido, Levi Santos and Kirsten Golan.