Localiza Board Approves R$ 1 Billion Debenture Issue
Bitget2026/10/19 11:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Localiza Rent a Car’s board adopted unanimous resolutions at its October 19, 2026, meeting.
- The board authorized a R$ 1 billion issuance of simple, non-convertible debentures in a single series, exclusively for professional investors.
- The debentures mature 24 months from issuance, paying 100% of the DI rate with a 0.65% annual spread.
- Proceeds will replenish cash; Localiza Fleet will guarantee 100% of the obligations.
- Interest payments fall semiannually in April and October, with principal repayable in a single installment at maturity.
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. Localiza Rent a Car SA published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.
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