Long-Term Financial Policy
≤ 1.5x
Net Debt/EBITDA
BRL 12 Bn
Nominal Gross Debt Limit
>6 years
Average Term
Most recent quarter - 2Q25
Net Debt/EBITDA
0.85x
Gross Debt
BRL 18.1 Bi
Average Term
7.2 years
Average Cost
BRL CDI + 0.49% a.a. USD 5.64% a.a.
Type of financing
Committed credit facility (R$ bn)
Cash by currency
Debt by currency
Liquidity and Amortization
(R$ billion)¹ Revolving Global Credit Line
Debt and Ratio
(R$MM)Average Debt Term
Bonds and Debentures
| Bond | Date of issue | Due date | Interest payment months | Coupon | Initial amount (USD) | Current balance (USD) |
|---|---|---|---|---|---|---|
| 2027 | October 24, 2017 | October 24, 2027 | April and October | 4.875% | 650M | 179M |
| 2030 | November 21, 2019 | January 21, 2030 | January and July | 4.250% | 500M | 498M |
| 2035 | June 09th, 2025 | June 09th, 2035 | June and December | 5.750% | 650M | 650M |
| 2044 | April 16, 2014 | April 16, 2044 | April and October | 7.250% | 500M | 481M |
| Total | 1.808M | |||||
| TOTAL (BRL) * | 9.867M | |||||
*amounts converted based on the last PTAX rate of the period.
| Debentures | Date of issue | Due date | Interest payment months | Coupon | Initial amount (BRL) | Current balance (BRL) |
|---|---|---|---|---|---|---|
| 2028 | December 10th, 2024 | December 10th, 2028 | June and December | CDI + 0.50% | 1.500M | 1.500M |
| 2029 | May 29th, 2024 | May 29th, 2029 | May and November | CDI + 0.60% | 1.500M | 1.500M |
| 2032 | June 04th, 2025 | June 04th, 2032 | June and December | CDI + 0.65% | 1.375M | 1.375M |
