Arauco was honored in New York with the "Development Finance Institution Backed Deal of the Year" award, presented by the renowned specialized publication LatinFinance, in recognition of the financing for the Sucuriú Project in Brazil, considered the most relevant of 2025 in its category in Latin America and the Caribbean.
The award highlights the financial transaction backed by development finance institutions, positioning it as the most important of the period, and reflects the international market's confidence in the company's ability to execute large-scale industrial projects with a long-term vision and high sustainability standards.
The Sucuriú Project, located in the state of Mato Grosso do Sul, involves an estimated investment of US$2.2 billion, the largest undertaken by Arauco to date, and includes the construction of a new pulp mill that, once completed, will become one of the largest in the world in its category.
The financing structure integrated the participation of multilateral organizations such as the International Finance Corporation (IFC), a member of the World Bank Group, IDB Invest, the export credit agency Finnvera, in addition to eight international commercial banks. This combination of development financing and private capital enabled the structuring of a highly complex financial operation, with technical robustness and the incorporation of environmental and social criteria in its design.
During the recognition ceremony, Gianfranco Trufello, CFO of Arauco, along with Marcelo Bennett, Corporate Treasurer of the company, received the award on behalf of the firm. On this occasion, Trufello valued the support received from international financial institutions.
"We are very happy and proud of this recognition. We achieved high-standard financing for the Sucuriú Project, not only due to the excellent financial conditions but also because of the environmental and social considerations it incorporates. The participation of multilateral institutions and international banks reflects confidence in our sustainable and long-term growth strategy," stated the executive.
Arauco emphasized that this recognition reaffirms the company's commitment to developing investments that generate economic, environmental, and social value in the countries where it operates, as well as its expansion into new markets, in a context of growing demand for sustainable and responsible industrial projects.
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