This is the largest amount in the company’s history; Operation had proposals from 22 investors
It announced it on Monday (21.Jul.2025) which concluded the issuance of debentures and receipt of resources in the amount of R $ 900 million. This is the largest amount of the company’s history in this modality.
The company of the petrochemical sector said it will use approximately R $ 550 million to rescue old debentures with shorter deadlines and higher cost covenants – Investor protection clauses – more restrictive. The company will use the rest of the money as a new financing resource, according to financial planning.
The statement was made on the night of this Monday (21.Jul) to (Securities Commission). Here’s (PDF – 258 kb).
Debentures are debt securities of a company that ensure the investor a credit. In practice, those who acquired this role is entitled to periodic remuneration, which is generally given by interest.
It also has access to the main value of the investment. It is a way for companies to raise resources.
The emission took place like this:
- R $ 165 million in the 1st grade (open to bookbuilding –When the price of the asset is defined) – at CDI cost + 1% and 7 years;
- R $ 300 million in 2nd grade (open to bookbuilding) – at CDI cost + 1.35% and 10 years;
- R $ 435 million in 3rd grade (related to rescued debenturers) – at CDI cost + 1.15% and 7 years.
Unipar reported that the average issuance period has reached 90 months (7.5 years), the longest in the company’s history. Banco Itaú was the leading coordinator of the operation and BTG, the coordinator.
There were proposals from 22 investors and the demand was almost twice (1.77 time) higher than the final amount of the emission, which is the 10th of Unipar.
“This operation demonstrates the market confidence in our credit profile. It is very important because it brings to unite resources with an elongated deadline at a competitive cost. In addition, it improves our debt profile. With this, the company is better prepared for any growth opportunity and to meet between shareholder return expectations.”said Alexandre Jerussalmy, Unipar’s chief financial officer, Poder360.
The executive stated that 91% of the company’s debt began to win after 2029. “The estimated average deadline for total debt increased from 60 months to 75 months and the average current debt cost has fallen from CDI + 0.98% to CDI + 0.88%”these.
About unipar
Founded in 1969, the publicly traded company is one of the main suppliers for the sanitation and civil construction sectors and produces raw materials for all industries, including:
- textile;
- paper and pulp;
- disinfectants;
- aluminum;
- toys;
- shoes;
- foods;
- Drinks;
- Pharmaceutical.
Unipar is listed in the Brazilian bag. It has operations in Brazil and Argentina, with offices in São Paulo and Buenos Aires, and factories in Camaçari (BA), Cubatão (SP), Santo André (SP) and Bahía Blanca (Argentina).
