46.269

TOTAL HECTARES

15.192Eucalyptus

TOTAL PLANTED HECTARES

11.478Pine

TOTAL PLANTED HECTARES


BDU III

Project Summary


Name

Fideicomiso Financiero Forestal Bosques del Uruguay III.

Size

USD 190 million

Issue Date

December 2016

Term

20 years

Securities Issued

Participation Certificates, ISIN: UYFFEF072US4

Stock Exchange Listing

Bolsa Electrónica de Valores del Uruguay SA (BEVSA)

Local Credit Rating

CARE, BBB+.UY, April 2021

Expected Rate of Return (USD)

9.10%

Type of Project

Brownfield

Assets

Eucalyptus and Pine Plantations, and Carbon Credits

Purpose

To develop sustainable Eucalyptus and Pine plantations to produce wood for sawmilling, pulp and energy to sell it in the Uruguayan and international markets.