Azul plans up to R$ 2 billion debenture issue to finance aviation fuel purchases

• 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.

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. Azul SA published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.