ISA Energia approves 20th debenture issuance worth R$2.0 billion
ISA Energia said on Monday night that its board of directors approved the 20th issuance of debentures, in up to two series, according to the meeting minutes.
According to the document, the total value will be R$2.0 billion through the issuance of 2 million debentures, with the number of first and second series debentures defined according to demand determined during investment collection.
The first series debentures will have a maturity of twelve years and the second series debentures will have a maturity of fifteen years.
The resources will be used to reimburse expenses, costs or debts related to the electricity transmission project starting in September 2022.
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