Funding
C&A Modas Completes Fifth Debenture Issuance, Raising R$500 Million
By News Desk ·
Key takeaways
- C&A Modas completed its fifth issuance of unsecured debentures, totaling R$500 million.
- The single-series debentures mature October 15, 2029, bearing 100% of the DI Rate plus a spread capped at 0.8% annually.
- Proceeds fully redeemed the company's outstanding third-issuance debentures early, extending average debt maturity and reducing average borrowing costs.
C&A Modas completed its fifth issuance of simple, non-convertible, unsecured debentures totaling R$500 million, according to The future of trading. The proceeds fully redeemed the retailer's outstanding third-issuance debentures early, extending its average debt maturity and reducing its average borrowing costs.
C&A Modas Prices Its Fifth Debenture Series
The single-series debentures mature October 15, 2029, and bear 100% of the DI Rate with an additional spread capped at 0.8% annually. The issuance was structured as simple, non-convertible and unsecured. C&A Modas published the original content behind the brief on October 23, 2026.
The early redemption of the third-issuance debentures retired that outstanding series ahead of schedule. The company said the transaction extended its average debt maturity and reduced its average borrowing costs. The new notes carry a spread capped at 0.8% annually over the DI Rate.
Atkore, SoftBank and Vestel Debt Moves
Atkore terminated its 2021 term loan and 2020 credit agreement and redeemed $400 million of 4.25% senior notes due 2031 at 102.125% of principal, TradingView reported on October 19, 2026. SoftBank Group Corp. Will redeem all of its outstanding EUR-denominated 2.875% senior notes due January 6, 2027, with an aggregate principal amount of EUR 405.1 million, on October 22, 2026 at 100% of par value, MarketScreener reported on October 9, 2026. Vestel Elektronik offered bondholders a 45% haircut or a six-year extension on its 2029 bonds, letting holders swap up to $250 million of the $500 million outstanding for new 2032 securities at 55 cents on the dollar, Bloomberg reported on October 20, 2026.
New World Development Settlement Date
New World Development's exchange offers will accept all notes tendered by the October 14, 2026 early deadline without scaling, The future of trading reported. CS Management Services (NB) expects to issue USD 189.13 million of New VD Notes maturing December 5, 2032, subject to conditions, with settlement expected on October 20, 2026.
Companies in this story
- C&A Modas