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Wood-pulp producer Aracruz makes clearing in dense patch

Adding yet more grist to the Latin American mill, Aracruz Celulose roadshowed a 144A/Reg S private placement last week via Citigroup. The Brazilian wood-pulp producer is out with a seven-year legal final deal for up to US$400 million through vehicle Arcel Finance Limited, according to sources. Investors have packed...

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