Klabin $500 million 5.75% and $500 million 7% green bond issue

3/4/2019
Green bond issue

$ 1 billion

Announced

3/4/2019


Overview:

  • Klabin, a pulp, paper and packaging company, has issued green bonds in the form of $500 million 5.75% senior notes due 2029 and $500 million 7% senior notes due 2049.
  • Banco Bradesco, Citigroup Global Markets, HSBC Securities, Itau BBA USA Securities, Merrill Lynch Pierce Fenner & Smith, Santander Investment Securities, Mizuho Securities, Scotia Capital and SMBC Nikko Securities America acted as initial purchasers. 
  • Klabin made its first issue of green bonds in September 2017.

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Green bond issue

Practice area:

Capital markets : Debt

Industry sector:

Forestry


Firms:

Party: Banco Bradesco BBI S A (Initial purchaser)

Party: Citigroup Global Markets Inc (Initial purchaser)

Party: HSBC Securities (Initial purchaser)

Party: Itau BBA USA Securities (Initial purchaser)

Party: Merrill Lynch Pierce Fenner & Smith (Initial purchaser)

Party: Santander Investment (Initial purchaser)

Party: Mizuho Securities (Initial purchaser)

Party: Scotia Capital (Initial purchaser)

Party: SMBC Nikko Securities (Initial purchaser)

Lawyer: Alexei Bonamin


Party: Banco Bradesco (Initial purchaser)

Party: Citigroup Global Markets (Initial purchaser)

Party: HSBC Securities (Initial purchaser)

Party: Itau BBA USA Securities (Initial purchaser)

Party: Merrill Lynch Pierce Fenner & Smith (Initial purchaser)

Party: Santander Investment (Initial purchaser)

Party: Mizuho Securities (Initial purchaser)

Party: Scotia Capital (Initial purchaser)

Party: SMBC Nikko Securities (Initial purchaser)