Aracruz announces plan to offer 10-year notes
Mar 03, 2006. Aracruz Celulose announces that it plans to offer ten-year notes in the international capital markets through its wholly-owned subsidiary Aracruz International Finance Company.
Mar 03, 2006. /Lesprom Network/. Aracruz Celulose announces that it plans to offer ten-year notes in the international capital markets through its wholly-owned subsidiary Aracruz International Finance Company (AIFCO). The net proceeds of the offering will be used for general corporate purposes of Aracruz and its subsidiaries. The notes will be unsecured and unsubordinated obligations of AIFCO and will be fully and unconditionally guaranteed by Aracruz. The guarantee will rank equally with all of Aracruz's other unsecured and unsubordinated debt obligations.
Neither the notes nor the guarantee have been, and will not be, registered under the U.S. securities act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under such securities act or the securities laws of any other jurisdiction.
Aracruz Celulose is the world's leading producer of bleached eucalyptus pulp. The company is responsible for 30% of the global supply of the product, used to manufacture printing and writing, tissue, and high value added specialty papers.