2024/03/20
New issuance of debentures in Vidroporto
Our Brazilian subsidiary Vidroporto has closed a new issuance of debentures for an amount of BRL 900 million (EUR 165 million).
The funds will be used to repay current financing, derived from the recent expansionary project at the Porto Ferreria plant.
The new financing structure -with improved flexibility, duration and cost conditions- will serve as a basis for the development and growth of our activity in Brazil.
Thanks to the entities that have taken part in this operation Banco Itaú, Banco Santander Brasil, Banco de Brasil and Bradesco.