The board approved two issuances totaling at least R$ 3.0 billion for debt management.
On 3 September 2026, the board of AXIA Energia approved two new unsecured debenture issuances, marking its 12th and 13th series. Each issuance is initially sized at R$ 1.5 billion and carries a seven-year maturity due on 15 September 2033. The offerings are aimed exclusively at professional investors.
The 12th issuance benefits from tax incentives under Law 12.431/2011 and pays a yield linked to the NTN-B 2033 bond. This structure continues the company's approach of using long-dated, inflation-indexed financing.
The 13th issuance can be increased up to R$ 2.0 billion. It is structured to support a voluntary exchange offer for debentures from the company's 4th issuance. This rolls existing debt over into new notes paying the DI rate plus 0.70%.
The Rio de Janeiro-based electricity and infrastructure company aims to smooth its debt maturity profile and potentially reduce its overall borrowing costs through these liability management moves.
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