Vasta Platform (VSTA) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Vasta Platform Ltd. has announced the successful issuance of R$500 million in two series of debentures by its subsidiary, Somos Sistemas, with maturities in 2029 and interest rates slightly above CDI. These debentures, fully subscribed by parent company Cogna Educação S.A., will refinance existing debt due for August 2024, effectively extending the company’s debt maturity profile.
For further insights into VSTA stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue