Report
Brazilian Electric Power Co
Rua da Quitanda, 196 - Centro
Phone: +55 2125145151p:+55 2125145151 RIO DE JANEIRO, 20.091-005  Brazil Ticker: ELET6ELET6


Eletrobras: Relevant Fact: Debentures Settlement


Rio de Janeiro, May 12 -- Eletrobras issued the following news release:

Centrais Elétricas Brasileiras S/A(“Company” or “Eletrobras”) (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O &XELT.B)in compliance with the provisions of the Securities Commission (“CVM”)Instruction nº 358, of January 3, 2002, as amended, communicates to its shareholders and the market in general, in addition to the RelevantFact published by the Company on April 13, 2021, which, on this date, the public offering was settled and closed, distributed with restricted efforts, related to its 3rd issue of simple debentures, not convertible into shares, in 2 (two) unsecured series (“Debentures”), under the terms of CVM Instruction 476, of January 16, 2009, as amended, of 2,700,000 (two million and seven hundred thousand) Debentures (“Issue”).

Were issued (i) 1,200,000 (one million and two hundred thousand) Debentures of the first series, with maturity in 5 (five) years and remuneration interest corresponding to 100% of the accumulated variation of the DI Rate -Interbank Deposits, plus surcharge 1.80% (one and eighty-hundredths percent) per year; and (ii) 1,500,000 (one million and five hundred thousand) second series Debentures (“Second Series Debentures”), with maturity in 10 (ten) years, monetarily restated by the accumulated variation of the IPCA and with corresponding remuneration interest 4.9126% (four integers, nine thousand, one hundred and twenty-six tenths of a thousandths) per year (“Remuneration Interest on Incentive Debentures”), totaling BRL 2,700,000,000.00 (two billion and seven hundred million reais) on the issue date. The Issuance of the Second Series Debentures was made under the terms of article 2 of Law 12,431, of June 24, 2011, as amended and Decree 8,874, of October 11, 2016, as amended, of the Resolution of the National Monetary Council (“CMN”) No. 3,947, of January 27, 2011, of CMN Resolution No. 4,751, of September 26, 2019, as amended.

More information on the Issuance is available in the Minutes of the Board of Directors' Meeting of the Company that approved the Issuance, held on April 13, 2021, and in the “Private Deed Instrument of the 3rd (third) Issuance of Simple Debentures, Not Convertible into Shares, of Unsecured Species, in 2 (two) Series, for Public Distribution with Restricted Efforts, of Centrais Elétricas Brasileiras SA -ELETROBRAS ”, signed between the Company and Pentágono SA Distribuidora de Titulos e Valores Mobiliários, on April 14, 2021, as amended on May 10, 2021, to reflect the final rate of the Remuneration Interest on Incentive Debentures, which are filed at the Company's headquarters.

Source: Eletrobras


Related Businesses
- - Customer

Copyright © 2024 by CreditRiskMonitor.com (Ticker: CRMZ®). All rights reserved.  You are not permitted to use this report or the information contained herein for any purpose not expressly permitted by CreditRiskMonitor.com, Inc. Except as expressly permitted by CreditRiskMonitor.com, Inc., you are not permitted, in whole or in part, to copy, alter, correct, adapt, translate, enhance, lease, sell, sublicense, assign, distribute, publish, otherwise make available to any third party, or prepare derivative works or improvements of this report or any of the information contained therein. You are not permitted to reverse engineer, disassemble, decompile, decode, or adapt the software, algorithms or other processes used to prepare this report, or otherwise attempt to derive or gain access to the source code of same. You agree not to remove, alter, obscure, combine or otherwise change any disclaimers, trademarks, copyrights, other intellectual property rights, proprietary rights, or other symbols, notices, marks, or serial numbers on or relating to any copy of the report or on marketing or other materials that CreditRiskMonitor.com, Inc. may provide to you. You will not use this report in any manner or for any purpose that infringes, misappropriates, or otherwise violates any right of any party, or that violates any applicable law.  
The FRISK® scores, agency ratings, credit limit recommendations and other scores, analysis and commentary are opinions of CreditRiskMonitor.com, Inc. and/or its suppliers, not statements of fact, and should be one of several factors in making credit decisions.  Any reliance you place on the information in this report is strictly at your own risk. Except as expressly provided by CreditRiskMonitor.com, Inc., no warranties or representations of any type, including without limitation of results to be obtained, merchantability or fitness for a particular purpose, are made concerning any part of CreditRiskMonitor.com, Inc.’s service, including without limitation the FRISK® scores.  The information published above has been obtained from sources CreditRiskMonitor considers to be reliable.  CreditRiskMonitor.com, Inc. and its third-party suppliers do not guarantee or validate the accuracy and completeness of the information provided in this report, the underlying information input to create the FRISK® scores, and specifically do not assume responsibility for not reporting any information omitted or withheld.  By using this website, you accept the Terms of Use Agreement
Contact Us: 845.230.3000
Fundamental financial data concerning public companies may be provided by Refinitiv (click for restrictions)
Thursday, April 25, 2024