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Sendas Distribuidora Optimizes Debt Profile
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Sendas Distribuidora Optimizes Debt Profile

Sendas Distribuidora (ASAI) has released an update.

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Sendas Distribuidora S.A. has announced the successful completion of its 11th debenture issuance, raising R$ 2.8 billion aimed at prepaying debts due in 2025 and 2026, without altering its gross or net debt levels. This strategic financial move is intended to optimize the company’s debt profile by extending the average maturity and reducing the average cost of its debt.

For further insights into ASAI stock, check out TipRanks’ Stock Analysis page.

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