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Sendas Distribuidora Launches R$2.8 Billion Debenture Issue
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Sendas Distribuidora Launches R$2.8 Billion Debenture Issue

Sendas Distribuidora (ASAI) has released an update.

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Sendas Distribuidora S.A. has announced the approval of its 11th issuance of non-convertible, unsecured debentures, totaling R$2.8 billion with a five-year maturity. The offering will be public, with proceeds aimed at managing liabilities, including the prepayment of certain promissory notes and debentures. This strategic financial move is set to optimize the company’s capital structure and sustain its growth initiatives.

For further insights into ASAI stock, check out TipRanks’ Stock Analysis page.

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