Fitch rates Suzano notes BBB-

Fitch Ratings said it assigned a BBB- rating to the proposed senior unsecured sustainability-linked notes due 2028 to be issued by Suzano Austria GmbH and guaranteed by Suzano SA.

The sustainability-linked securities framework establishes an industrial water withdrawal intensity reduction target by 2026 and a 30% or more of women in leadership positions by 2025, with an interest rate step up if Suzano fails to meet the target.

Proceeds from the unsecured notes will be used for general corporate purposes.

Fitch currently rates Suzano's foreign currency and local currency issuer default ratings BBB-/stable.

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