Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.
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Centrais Elétricas Brasileiras S.A. (Eletrobras) has successfully settled its sixth issuance of non-convertible debentures totaling R$ 1.6 billion, benefiting from a tax incentive. The issuance, which carries a final rate of 6.8770% p.a. and matures in 2034, highlights Eletrobras’ role as a guarantor for its subsidiaries Eletronorte and CHESF, ensuring the fulfillment of their financial commitments. This move marks a significant financial maneuver aimed at strengthening the company’s capital structure.
For further insights into EBR.B stock, check out TipRanks’ Stock Analysis page.
