Sendas Distribuidora Approves R$1.8 Billion Debentures

Sendas Distribuidora (ASAI) has released an update.

Sendas Distribuidora S.A. has announced the approval of its 10th issuance of simple debentures, amounting to R$1.8 billion, with a five-year maturity and an interest rate pegged to the DI rates plus a 1.25% spread. The issuance will be publicly distributed and the funds raised are slated for general corporate purposes such as cash reinforcement and liability management. The company has made this information available to shareholders and the market, emphasizing that the release is solely for informational purposes.

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