CBD Board Approves Debenture Issue of Up to R$112.86 Million

• CBD's board unanimously authorized new financing under its out-of-court reorganization plan at its November 4, 2026, meeting.
• The company will issue up to R$ 112.86 million in secured, nonconvertible debentures across up to two series.
• Debentures will pay 100% of the DI rate with a 2.5% annual spread; both series mature two years from first-series issuance.
• Directors also authorized reverse factoring agreements with BTG Pactual, HSBC and Itaú, alongside a working capital instrument with Rabobank.
• The financing will share collateral comprising present and future credit card receivables, linked-account balances and related returns.

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. CBD - Companhia Brasileira de Distribuição published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.