Paranapanema Converts R$ 111.5 Million in Debt Into Equity
Bitget2026/10/30 21:07- Paranapanema converted all 11 debentures from its 119th issuance into equity.
- The board ratified the resulting R$ 111.5 million capital increase on October 29, 2026.
- The conversion issued 3,844,785,153 new common shares at R$ 0.029 per share.
- Share capital rose to R$ 2.48 billion, comprising 4,217,580,106 common shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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