Suzano Plans Secondary Share Offering

Brazilian paper and pulp company Suzano Papel e Celulose is to make a secondary share offering via Bovespa. Suzano Holding, the company’s controlling shareholder, will sell 2.65 million preferred shares, while shareholder BNDESpar will also sell an undisclosed amount. The shares will be sold in the domestic market and also under 144A rules in the US. Credit Suisse will act as lead coordinator.