Azul plans up to R$ 2 billion debenture issue to finance aviation fuel purchases
Bitget2026/10/28 03:34- Azul Linhas Aéreas Brasileiras plans up to R$ 2 billion in secured, nonconvertible debentures across up to 18 series.
- Azul will guarantee the financing, which received shareholder authorization on October 23, 2026.
- Net proceeds will exclusively fund eligible aviation fuel purchases from Raízen for domestic operations.
- Financing cannot exceed 85% of each eligible contract or invoice; the issuer must contribute at least 15% from its own funds.
- The offering targets professional investors exclusively; secondary trading cannot begin until all issued series are fully distributed.
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