Fitch gives Suzano notes BBB-

Fitch Ratings said it gave a BBB- rating to the proposed senior unsecured sustainability-linked notes due 2032 to be issued by Suzano Austria GmbH, and guaranteed by Suzano SA.

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

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 will be used for liability management.

The outlook is stable.

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