Eneva sells R$ 1.2 billion in debentures to related-party BTG Pactual
Reuters2026/08/21 23:35- Eneva signed a term purchase-and-sale agreement to sell 232,136 Debêntures from its 12th issuance held in treasury.
- Total estimated deal value BRL 2.4 billion, including BTG Pactual buying 116,068 Debêntures for BRL 1.2 billion.
- BTG Pactual qualifies as a related party through its roughly 26% stake in Eneva’s share capital.
- Proceeds earmarked for liability management, targeting early repayment of debt that allows optional full prepayment during 2026.
- Agreement includes potential repactuação; otherwise, it sets mutual call-put options tied to each buyer retaining 100% of acquired Debêntures.
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