Cemig board backs guarantee for Cemig Distribuicao’s BRL 2 billion debenture offering

PUBT · 1d ago
Cemig board backs guarantee for Cemig Distribuicao’s BRL 2 billion debenture offering
  • Cemig’s board cleared a guarantee package tied to Cemig Distribuição’s 16th debêntures issuance, sized at BRL 2 billion.
  • Deal includes two series of simple, non-convertible, unsecured debêntures with additional surety; up to 25% upsizing option.
  • First series pays 100% of DI plus a spread capped at 0.73%; second series pays IPCA-linked interest capped at 7.35%.
  • Board authorized execution of the debêntures indenture, distribution agreement, related documents, further corporate actions, and ratified prior steps.


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