Sep 02, 2009. /Lesprom Network/. Brazilian small paper and pulp producer Celulose Irani plans to raise 110 million Brazilian reals ($57 million) from an issue of debentures, Dow Jones reported. Celulose Irani will use the proceeds in order to finance its working capital and refinance its existing debt. The debentures will be acquired by the company's subsidiary called Irani Trading SA. Irani didn't unveil other details of the issue. The operation still must be approved by the Brazilian Securities and Exchange Commission, the CVM.