• Irani board endorsed a refinancing package at a July 31, 2026 meeting, centered on new bank borrowings totaling BRL 750 million.
• New operations priced at CDI + 1.16% a year, five-year tenor, 24–30 months’ grace period, unsecured.
• Early repayment authorized for existing debt of about BRL 158.56 million, with a weighted average cost of CDI + 1.84% a year.
• Management empowered to execute documentation, finalize terms, complete the transactions, ratify actions already taken.

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