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ELETROBRAS Approves Multi-Billion Debenture Issuance
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ELETROBRAS Approves Multi-Billion Debenture Issuance

Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.

Centrais Elétricas Brasileiras S.A. – ELETROBRAS, a major power utility company, has announced the approval of a significant debenture issuance totaling R$3.5 billion, intended for professional investors under an automatic registration procedure. This strategic financial move also includes subsidiary debenture issues from Eletronorte, CGT Eletrosul, and CHESF, with ELETROBRAS providing personal guarantees for these offerings. The issuance aims to bolster the company’s investment capacity and financial positioning in the energy market.

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

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