Restructuring of the financing of USD 800,000,000 granted to Klabin S.A., the largest paper producer, recycle and exporter in Brazil and one of the leading paper and cellulose companies of the world. The restructuring aims to extend the average and final maturity of the financing. 

The proceeds of the financing were directed to the implementation of Project Puma II and especially to support the purchase of equipment to produce the world’s first kraft liner paper 100% from eucalyptus and the achievement of certain ESG metrics to restore the biodiversity in the region of Puma II Project.