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Localiza Board Approves R$ 1 Billion Debenture Issue
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Localiza Board Approves R$ 1 Billion Debenture Issue
  • Localiza Rent a Car’s board adopted unanimous resolutions at its October 19, 2026, meeting.
  • The board authorized a R$ 1 billion issuance of simple, non-convertible debentures in a single series, exclusively for professional investors.
  • The debentures mature 24 months from issuance, paying 100% of the DI rate with a 0.65% annual spread.
  • Proceeds will replenish cash; Localiza Fleet will guarantee 100% of the obligations.
  • Interest payments fall semiannually in April and October, with principal repayable in a single installment at maturity.


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. Localiza Rent a Car SA published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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