Long Term Financial Policy

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

Liquity and Indebtness 2Q23

 

 

Bond	Issuance Date	Due Date	Interest Payment Months	Coupon	Initial Amount (USD)	Current Outstanding Amount (USD)
2027	October 24th, 2017	October 24th, 2027	April & October	4.875%	650 M	427 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	481 M
					TOTAL	1,406 M
					TOTAL (BRL)	6,774 M

 

Debenture	Issuance Date	Due Date	Interest Payment Months	Coupon	Initial Amount (BRL)	Current Outstanding Amount (BRL)
2026	April 25th, 2019	May 6th, 2026	May & November	107.25% CDI	800 M	800 M
					TOTAL	800 M