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Eletrobrás Approves Debenture Issuance for Subsidiary
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Eletrobrás Approves Debenture Issuance for Subsidiary

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Centrais Elc Braz Pfb B Elbras ( ($EBR.B) ) has provided an announcement.

Centrais Elétricas Brasileiras S.A. – Eletrobrás has approved the issuance of its subsidiary Transnorte Energia S.A.’s fifth series of simple debentures, aiming to raise BRL 700 million. The debentures are intended for professional investors and come with a corporate guarantee from Eletrobrás, enhancing the company’s financial strategy and reinforcing its market positioning.

More about Centrais Elc Braz Pfb B Elbras

Centrais Elétricas Brasileiras S.A. – Eletrobrás is a Brazilian electric power company primarily focused on the generation and transmission of electricity. It operates within the energy sector and plays a pivotal role in Brazil’s energy market.

YTD Price Performance: -28.35%

Average Trading Volume: 20,908

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $13.55B

Learn more about EBR.B stock on TipRanks’ Stock Analysis page.

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