Arauco
ESSENTIAL FACT
Celulosa Arauco y Constitución S.A.
Registration in the Securities Registry N* 42
Santiago, April 25, 2023
Gentlemen
Financial Market Commission
PRESENT
Dear Sir or Madam:
The undersigned, on behalf of the corporation called Celulosa Arauco and
Constitución S.A. (the “Company” or “Arauco”), both domiciled in the Region
Metropolitana, Avenida El Golf N* 150, piso 14, commune of Las Condes, company registered in the
Registry of Securities with the N* 42, RUT N* 93.458.000-1, and being duly authorized,
communicates to you the following essential information regarding the Company and its business, in
pursuant to the provisions of Article 9% and Article 10%, paragraph 2*, both of Law No. 18,045, and
in General Rule No 30 of the Commission for the Financial Market (the
“Commission”):
Today, the Company has proceeded to place Sustainable Bonds in the local market,
bonds that are dematerialized and bearer, whose most relevant conditions are
Following:
1.- A) Bonds of the Series “Y”, for a total amount of 2,000,000 Development Units
(“UF”), due April 10, 2032. Interest shall accrue from 10
April 2023 and shall be paid semiannually on 10 April and 10 October of each year, to
Arauco
count from October 10, 2023. The amortization of the capital will be made in a single installment
Payable on April 10, 2032.
The issue reached a placement rate of 3.35%.
The Bonds of Series “Y” will accrue on the outstanding capital, expressed in UF, an interest of
coupon of 3.10% per annum, compound, overdue, calculated on the basis of equal semesters of
180 days, equivalent to a rate of 1.5382% semiannual.
B) Series “Z” bonds, for a total amount of 5,000,000 UF, maturing on the 10th day
April 2044. Interest will accrue as of April 10, 2023 and will be paid
every six months, on April 10 and October 10 of each year, starting on October 10
of 2023. The amortization of the capital will be made in a single installment payable on April 10
of 2044,
The issue reached a placement rate of 3.18%.
The Bonds of Series “Z” will accrue on the outstanding capital, expressed in UF, an interest of
coupon of 3.2% per annum, compound, overdue, calculated on the basis of equal semesters of 180
days, equivalent to a rate of 1.5874% semiannual.
2.- The Series “Y” Bonds have been issued under the line of bonds that are
is registered in the Securities Registry of the Commission with the N*936, dated April 15
of 2019, while the Series “Z” Notes have been issued under the bond line
which is registered in the Securities Register of the Commission under N*937, also with
Date April 15, 2019.
The “Y” and “Z” Bond Series were approved by the Company’s Board of Directors on the 18th
April 2023.
3.- These series of bonds have a local risk rating of AA/Stable, according to
a certificates granted by the risk rating agencies Fitch Chile and Feller Rate.
4.- The placement agents were Scotia Corredora de Bolsa Chile Limitada and Santander
Corredores de Bolsa Limitada, companies with which there is no ownership relationship.
Arauco
5.- Other relevant conditions of the aforementioned bonuses are the following:
i) Both Series “Y” and Series “Z” Bonds may be redeemed from
April 10, 2026.
ii) The Bonds shall have no guarantee.
(iii) The funds from the above-mentioned placements shall be allocated 100 per cent to
general corporate purposes of the Company and/or its subsidiaries,
The aforementioned bonds will have the rating of “sustainable”, since regardless of the
Using the funds described above, Arauco will allocate an amount equivalent to the resources that are
obtain from such issue and placement, to finance or refinance, in whole or in part, one or
more green and social projects selected for emission purposes, in accordance with
the Sustainability Bond Pramework adopted by the Company and published on its website.
The aforementioned green and social projects may include (i) projects with disbursements
made within the 36 months preceding the issuance of bonds; and (ii) projects with
disbursements to be made after the aforementioned issuance, and until the maturity date of the
same bonuses.
Yours sincerely yours,
CELULOSA ARAUCO Y CONSTITUCIÓN S.A.
Matthias Domeyko Cassel
Executive Vice President
c.c. – Santiago Stock Exchange
The N Bag? 64,
Santiago.
– Electronic Stock Exchange of Chile
Orphans 770, 14th floor-
Santiago
Arauco
– Representative of Bondholders (Banco Santander),
Bandera 140, Santiago
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=6d4cb3ad2d07551ac6f125f8e60091d1VFdwQmVVMTZRVEJOUkVVelQwUkZkMDEzUFQwPQ==&secuencia=-1&t=1684470982
