Eucatex plans to issue BRR 76 million

BRAZIL (Notifix).- The Board of Eucatex has proposed issuing BRR 76 million in non-convertible debentures into shares, through a single series, according to a statement sent by the company to the Securities Commission (CVM). 7,500 papers will be issued with a unit value of BRR 10 thousand. With the resources, the company intends to carry out a restructuring of its short term debt, while optimizing the level of capitalization and "thus maximizing return for shareholders," the statement informs. The term will be five years from the date of issue, which will be defined by the General Assembly.

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