ParanaPanema launches up to R$ 110 million unsecured convertible debenture offering

Reuters2026/07/28 23:06

By:Reuters

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ParanaPanema launched a private placement of 11th issuance unsecured debentures convertible into shares, targeting up to BRL 110 million.
Single series with up to 11 debentures, each with a BRL 10 million unit face value; minimum raise set at BRL 100 million.
Debentures mature in 12 months on July 27, 2027, with settlement only through conversion into new common shares.
Conversion price set at BRL 0.03 per share, equal to 10% of the 30-day VWAP before the July 28, 2026 issue date.
Remuneration accrues at 105% of the CDI rate from payment-in until conversion, with no cash interest or principal payments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ParanaPanema SA - em Recuperacao Judicial published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

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.

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ParanaPanema launches up to R$ 110 million unsecured convertible debenture offering

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