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Event Brief

Arauco Races to Avoid Junk Status on Brazil Bet

Arauco plans over $3 billion in capital expenditure to complete the Sucuriú pulp mill in Brazil amid rising debt concerns.
WHO: Arauco
WHAT: Plans record capital expenditure to avoid junk status
WHEN: Mar 17, 2026 at 2:07 PM ET
WHERE: Mato Grosso do Sul
WHY: To complete the $4.6 billion Sucuriú pulp mill and manage rising debt
Sources (1): Rio Times

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