Indebtedness and Ratings

Long-Term Financial Policy

≤ 1.5x

Net Debt/EBITDA

BRL 12 Bn

Nominal Gross Debt Limit

>6 years

Average Term

Most recent quarter - 4Q23

Net Debt/EBITDA

0.40x

Gross Debt

BRL 10.9 Bn

Average Term

7.2 years

Average Cost

BRL 104.9% CDI p.a.
USD 5.7% 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) * 6,805M
*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