Klabin (KLBN11) Raises R$1.75 billion to Fund Expansion with New Issuance

Klabin has approved a new fundraising operation totaling R$1.75 billion, reinforcing its strategy to expand forestry and industrial activities.

The company will issue 1.75 million Certificates of Agricultural Receivables (CPR-Fs), each with a nominal value of R$1,000. The offering will be conducted through a public distribution.

The transaction is structured in three tranches with long-term maturities: 7, 10, and 12 years. The staggered timeline aims to extend Klabin’s debt profile and improve long-term financial predictability.

According to the company, the proceeds will be used to finance core operations, including production, industrialization, and forestry activities. Investments will also support afforestation and reforestation projects, which are central to Klabin’s business model.

CPR-F instruments are widely used in Brazil’s agribusiness sector and, in this case, are directly linked to Klabin’s forestry operations. By securing longer-term funding, the company reduces short-term financial pressure and gains greater flexibility in capital management.

The move strengthens Klabin’s capital structure and signals continued investment in expanding and sustaining its production base.