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CBD outlines terms for new debentures under out-of-court restructuring plan, including BRL 2.63 billion Issue A

PUBT·08/14/2026 21:07:11
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CBD outlines terms for new debentures under out-of-court restructuring plan, including BRL 2.63 billion Issue A
  • CBD filed term sheets for new unsecured debentures under its court-supervised out-of-court restructuring plan in São Paulo.
  • Emission A totals BRL 2.63 billion in two series, accruing from the filing date at DI + 2.5%.
  • Series 1 matures on the fifth anniversary of plan ratification, with semiannual interest from March 2027 and principal amortization starting March 2028.
  • Series 2 is convertible into common shares in four windows through April 15, 2031, priced at 90-day VWAP minus 20%.
  • Emission B accrues at DI, capitalizes interest until Sept. 10, 2031, pays semiannually from March 2032, matures Sept. 10, 2036.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBD - Companhia Brasileira de Distribuição published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.