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COPEL Approves 20-F Report and Debenture Guarantee
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COPEL Approves 20-F Report and Debenture Guarantee

Companhia Paranaense De Energia Pfd Class B (ELP) has released an update.

The Board of Directors of Companhia Paranaense de Energia (COPEL) approved the submission of the 20-F Report for the fiscal year 2023 to the SEC, containing comprehensive company information and financial statements. Additionally, the Board authorized the provision of a corporate guarantee for Copel Serviços S.A.’s first debenture issue, valued at R$70 million, with a seven-year maturity and interest pegged to the DI Rate plus a 1.20% spread. These resolutions support the company’s ongoing financial strategies and compliance with regulatory requirements.

For further insights into ELP stock, check out TipRanks’ Stock Analysis page.

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