The Casas Bahia group announced this Tuesday (30) that it concluded its capital structure transformation operation, obtaining a reduction of around R$3 billion in its debt.
According to a relevant fact published by the company, the transformation occurs through the reprofiling of the 10th issue of debentures followed by the 11th issue in four series.
The operation represents a drop in the pro-forma net debt of R$2.3 billion in the company’s third quarter, according to the plan presented in the fact.
The group also said that the change in debt implies a reduction of R$1.5 billion in financial expenses incurred between 2026 and 2030, resulting in total cash savings of around R$4.7 billion in the same period.
The group also highlighted the improvement in the company’s risk profile, with “potential to reduce credit spreads” and improved conditions with suppliers, insurers and future creditors.
