Long-Term Financial Policy
≤ 1.5x
Net Debt/EBITDA
BRL 12 Bn
Nominal Gross Debt Limit
>6 years
Average Term
Most recent quarter - 1Q24
Net Debt/EBITDA
0.40x
Gross Debt
BRL 11.0 Bn
Average Term
7.2 years
Average Cost
BRL 105.6% CDI p.a. USD 5.5% p.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 | 427M |
| 2030 | November 21, 2019 | November 21, 2030 | January and July | 4.250% | 500M | 498M |
| 2044 | April 16, 2014 | April 16, 2044 | April and October | 7.250% | 500M | 481M |
| Total | 1,406M | |||||
| TOTAL (BRL) * | 7,022M | |||||
*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) |
|---|---|---|---|---|---|---|
| 2026 | April 25, 2019 | May 6, 2026 | May and November | 107.25% | 800M | 800M |
