On Wednesday, July 15, 2026, Paranapanema (PMAM3), which is under court-supervised reorganization, announced it had received a binding investment offer of US$ 40 million (forty million US dollars) from HW Holding Ltd., based in Dubai, United Arab Emirates. The contribution will be made in two tranches, according to a company filing.

According to Paranapanema, the first tranche, for US$ 20 million, will be used to acquire a debenture (a debt security issued by companies) issued by the company itself. The second tranche, also for US$ 20 million, will be allocated to working capital and raw material purchases. The company stated that it will keep shareholders and the market informed about any material developments related to the investment.

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