CVC Brasil (CVCB3) approved, at a meeting of the board of directors held on September 4, 2026, the 7th issue of simple debentures (debt securities issued by companies), not convertible into shares, in a total amount of up to R$ 450,000,000.00, corresponding to up to 450,000,000 debentures. The issue provides for partial distribution, with a minimum placement amount of 150,000,000 debentures, equivalent to R$ 150,000,000.00.
The debentures will be offered through a public offering of primary distribution, pursuant to CVM Resolution 160, intended exclusively for professional investors who hold debentures from the company’s 4th and 5th issues, in an exchange operation (“Exchange Offer”), coordinated by Banco Citibank S.A.
The debentures will have a maturity of three years, with a 12‑month principal grace period counted from the issue date. Compensation will be 100% of the DI Rate, plus a spread of 3.90% per year, which represents a reduction of 60 basis points compared to the 4th and 5th issues.
The debentures will be subscribed and paid in full in cash, through payment in kind using debentures from CVC’s 4th or 5th issues, so there will be no net funds raised by the company. CVC reported that it has already received expressions of interest to subscribe from eligible investors in the approximate amount of R$ 200,000,000.00, and estimates a maximum placement volume of R$ 428,000,000.00.
According to the material fact, the purpose of the issue is to optimize the capital structure and cash management, reinforcing the company’s commitment to deleveraging, reducing the cost of capital, and maintaining adequate liquidity levels without compromising its investment capacity.
