Cosan confirms agreement with BTG and Perfin to enable R$ 10 billion offering

Cosan confirmed, on the evening of this Thursday, 23, that it has entered into an investment agreement to enable the offering of shares that should raise R$ 10 billion. As previously reported, Aguassanta Investimentos and Queluz Holdings Limited, both controlled by Rubens Ometto Silveira Mello, president and controlling shareholder of Cosan, have reached an agreement with BTG Pactual and Perfin Infra, committing to acquire a total of R$ 7.25 billion in shares within the scope of the company's primary offering, at a price of R$ 5.00. The company further informs that this initial public offering represents the initial stage of a strategy aimed at raising funds, with the objective of strengthening its capital structure through the renegotiation and payment of financial obligations, reducing leverage, and restoring financial flexibility. According to the company, the Anchor Investors will not participate in the Bookbuilding Procedure and, therefore, will not be part of the process of ...