SLC Agrícola Approves R$515.5 Million Debt Issue

SLC Agrícola approved its first issuance of financially settled rural product notes (CPR-F) for a total of R$515.48 million. The company announced the decision on 11 September 2026. The transaction consists of 515,480 notes with a face value of R$1,000 each and a seven-year maturity scheduled for 15 September 2033.

The notes pay interest equal to 95.5% of the accumulated DI rate. Principal will be amortised in two equal installments, with payments set for September 2031 and at final maturity. Bradesco provides a corporate guarantee covering 100% of the outstanding balance, interest, and related charges. Bradesco BBI coordinates the placement under a firm commitment regime, and distribution is restricted to professional investors.

SLC Agrícola contracted a full currency swap into US dollars for the issuance. The move shifts the debt cost to match the fluctuation of the US dollar plus a spread of 6.15% per year. The company will direct all proceeds toward agribusiness activities, including agricultural production, processing, commercialisation, operating expenses, and capital expenditures.