CBD Plans Up to R$ 112.86 Million Debenture Issue Under Restructuring Plan

• CBD’s board authorized up to R$ 200 million in new financing on November 4, 2026, under its out-of-court restructuring plan.
• The financing includes a 21st issuance of secured, non-convertible debentures totaling up to R$ 112.86 million across two series.
• The two-year debentures will pay 100% of the DI rate with a 2.5% annual spread; interest payments are semiannual.
• Principal is due at maturity, secured by credit card receivables shared with other providers of new financing.
• The public offering will be restricted to creditors subject to the restructuring plan who elect to provide new funds through debentures.

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.