On Tuesday, September 1, 2026, União Pet Participações S.A. (AUAU3), which operates as Grupo Petz Cobasi, reported that its subsidiary Pet Center Comércio e Participações S.A. (Petz) will carry out, in the context of 2Q26, the optional early redemption of all debentures (debt securities issued by companies) of its 3rd issuance, in the amount of R$ 133,333,333.33.
The redemption will cover 200,000 debentures and was approved at a debenture holders’ general meeting that brought together holders of 100% of the outstanding securities. Settlement of the early redemption of the debentures is scheduled for September 2, 2026, in accordance with the deed of issuance amended on June 25, 2026.
According to the release, Grupo Petz Cobasi closed 2Q26 (June 30, 2026) with net cash of R$ 286.1 million, equivalent to 0.4x EBITDA (earnings before interest, taxes, depreciation and amortization), resulting from total cash of R$ 637.8 million versus debt of R$ 351.7 million, calculated under the IAS17 criterion.
Between 1Q26 and 2Q26, the Group’s net cash increased by R$ 127.6 million, even after extraordinary payments. According to União Pet Participações, bringing forward payment of the debentures aims to optimize the capital structure, reduce future financial expenses and maintain a focus on efficient capital allocation.
