Suzano S.A. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing, dated September 8, 2025, reports the expiration and final results of cash tender offers for two series of guaranteed notes issued by wholly owned subsidiaries of Suzano S.A. The offers expired at 5:00 p.m. New York City time on September 8, 2025.
Key Financial Metrics and Transaction Details
The filing details the principal amounts of notes tendered for repurchase. The tender consideration is based on a fixed spread plus the yield to maturity of a reference security as of the expiration date. Settlement is expected on September 11, 2025.
| Security Series | Issuer | Principal Outstanding Prior to Offer | Principal Validly Tendered |
|---|---|---|---|
| 5.750% Guaranteed Notes due 2026 | Suzano Austria GmbH | U.S.$516,581,000 | U.S.$231,103,000 |
| 5.500% Guaranteed Notes due 2027 | Suzano International Finance B.V. | U.S.$700,000,000 | U.S.$397,663,000 |
Additionally, U.S.$595,000 of the 2026 Notes and U.S.$745,000 of the 2027 Notes were tendered under Guaranteed Delivery Procedures, with delivery due by September 10, 2025.
Material Changes and Outlook
The filing does not provide comparative financial performance data (revenue, profit, cash flow) or guidance for the company's operating business. The primary material change is the reduction in outstanding debt obligations following the tender offers. The filing includes standard forward-looking statement disclaimers regarding risks related to operations in Brazil, the global economy, capital markets, raw material price volatility, and global competition.
Investor Verification Checklist
- Verify the final settlement date of September 11, 2025, for payment of tender consideration and accrued interest.
- Confirm the exact tender consideration price per $1,000 principal amount, which is calculated based on the Bloomberg Bond Trader FIT4 quote as of September 8, 2025.
- Review the "Offer to Purchase" document available at the D.F. King website for full terms and conditions.
- Monitor the delivery of notes tendered under Guaranteed Delivery Procedures by the September 10, 2025 deadline.
- Check subsequent filings for the updated debt balance and impact on liquidity following the settlement.