08.05.2015 18:25:00
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Suzano Papel e Celulose S.A. -- Moody's assigns a Ba2/Aa2.br rating to Suzano's proposed BRL 500 million NCEs; positive outlook
Sao Paulo, May 08, 2015 -- Moody's America Latina has today assigned a Ba2 global scale local currency rating and Aa2.br National Scale Rating (NSR) to Suzano Papel e Celulose S.A.'s proposed 4-year senior unsecured BRL 500 million NCEs (Notas de Crédito à Exportação). Net proceeds will be used to fund forestry investments and for general corporate purposes. The ratings outlook is positive.