Paranapanema plans up to R$ 110 million mandatory convertible debenture issue
Reuters2026/08/05 20:12- ParanaPanema’s board moved to reset its debenture fundraising plan in a July 28, 2026 extraordinary meeting.
- Directors canceled the 9th and 10th issues of convertible debentures, citing expired subscription periods with no investors secured.
- The board authorized an 11th issue of mandatorily convertible, unsecured debentures of up to BRL 110 million, with a BRL 100 million minimum.
- The private placement includes up to 11 debentures at BRL 10 million each, 105% of CDI interest, 12-month maturity, conversion at BRL 0.03 per share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yelooo Integra Datanet corrects July securities holders registration report
Cakra Buana Resources Energi shareholder Republik Capital cuts stake to 9.3% from 11.3%
Preferred shares of South Korean companies are trading at a record 45% discount in ten years; Samsung's 110 trillion won buyback plan may help eliminate the "Korea discount"
Samsung Electronics' highly anticipated stock buyback plan is raising investor expectations that the South Korean giant will purchase non-voting preferred shares, narrowing their deep discount and setting a precedent for other companies.
Crypto prices
More
