Brazilian Klabin offers concession on green debut
Klabin became the third Brazil pulp and paper producer to sell green bonds on Tuesday, squeezing pricing more than 40bp from initial price thoughts.
Suzano has led the way with the sector’s green issuance, selling in both dollars and reals in 2016, and tapping its green dollar notes last week. Fibria, one of its peers, also sold a green bond in January.
This was Klabin’s first international bond since 2014, and upon announcing
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