• Irani Papel e Embalagem’s board cleared a rural financing transaction via issuance of a Cédula de Crédito Bancário (CCB).
• CCB sized at BRL 300 million, issued in favor of Banco Bradesco.
• Five-year tenor; principal and interest start in month 30 with semiannual payments.
• Terms include net debt/adjusted EBITDA covenant at or below 4.0x; unsecured structure; management authorized to finalize documents.

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