• Paranapanema launched an 8th issuance of unsecured debentures convertible into shares as part of its court-ordered reorganization.
• A 7th creditor conversion window opened in December 2025 for swapping claims into equity.
• The board ratified a capital increase in early January 2026 through the issuance of new common shares.
• Debt tied to a renegotiation was reclassified as short-term, totaling R$ 2.14 billion at 4Q25, leaving 99% maturing within one year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ParanaPanema SA - em Recuperacao Judicial published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.