Irani Papel e Embalagem lines up BRL 300 million Bradesco loan via bank credit note issuance

• Irani board held a July 31, 2026 meeting to move ahead with a rural financing transaction via a Cédula de Crédito Bancário (CCB).
• Authorized issuance of a BRL 300 million CCB in favor of Banco Bradesco.
• Set tenor at five years; principal and interest to be paid semiannually starting in month 30.
• Included a net debt/adjusted EBITDA covenant capped at 4.0x; financing to be unsecured.

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