Long Term Financial Policy

Net Debt/EBITDA		between 1,0x to 1,5x
Gross Debt Nominal Target		R$ 12 Bi
Average Term		> 6 years

Liquity and Indebtness 3Q22

 

 

Bond	Issuance Date	Due Date	Interest Payment Months	Coupon	Initial Amount (USD)	Current Outstanding Amount (USD)
2023	April 15th, 2013	April 15th, 2023	April & October	4.750%	750 M	188 M
2027	October 24th, 2017	October 24th, 2027	April & October	4.875%	650 M	428 M
2030	November 21st, 2019	January 21st, 2030	January & July	4.250%	500 M	498 M
2044	April 16th, 2014	October 16th, 2044	April & October	7.250%	500 M	482 M
					TOTAL	1,597M
					TOTAL (BRL)	8,635 M

 

Debenture	Issuance Date	Due Date	Interest Payment Months	Coupon	Initial Amount (BRL)	Current Outstanding Amount (BRL)
2022	November 9th, 2018	November 21st, 2022	May & November	106.5% CDI	1,500 M	1,500 M
2023	April 25th, 2019	May 6th, 2023	May & November	105.5% CDI	600 M	600 M
2026	April 25th, 2019	May 6th, 2026	May & November	107.25% CDI	800 M	800 M
					TOTAL	2,900 M