IFC weighs Suzano financing

IFC weighs Suzano financing

Brazil Loans

The IFC could arrange a $350m A/B loan for the Brazilian pulp and paper producer Suzano Papel e Celulose.Approximately one third of the loan will come from the IFC's own account, and the other two thirds will come from commercial banks, according to documents on the IFC's website. The IFC's board has not yet set a date to review the loan proposal.The loan will support $193m in replanting costs, $105m in maintenance costs, $26m in investments at the Impeatriz mill and $26m to hire more contract f

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