CENTRAIS ELÉTRICAS BRASILEIRAS S/A CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9 PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A ('Company' or 'Eletrobras') (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) hereby informs its shareholders and the market in general that, on this date, the Board of Directors of Eletrobras approved the fundraising in the amount of up to BRL 1.6 billion, by its subsidiary Furnas Centrais Elétricas, through 4 (four) operations with the following institutions: 1) Banco da Amazônia - BASA in the amount of BRL 200 million and payment term in 5 years; 2) Banco Itaú in the amount of BRL 500 million and payment term in 5 years; 3) Banco do Brasil in the amount of BRL 600 million and payment term of 7 years and 4) Banco Bradesco in the amount of BRL 300 million and payment term of 7 years.
The funds obtained through these funding will be used to pay the most onerous debts currently present in the company's balance sheet and to comply with the investment program for the 2021/2022 biennium.
The Company will keep the market informed about the matter subject of this Relevant Fact.
Rio de Janeiro, July 16, 2021
Elvira Cavalcanti Presta
CFO and Investor Relations Officer
This document may contain estimates and forecasts that are not statements of fact that occurred in the past but reflect our management beliefs and expectations and may constitute future events' forecasts and estimates under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words 'believe', 'may', 'estimate', 'continue', 'anticipate', 'intend', 'expect' and related words are intended to identify estimates that necessarily involve risks and uncertainties, known or unknown . Known risks and uncertainties include, but are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and value of the Real, changes in volumes and the pattern of use of electricity by consumer, competitive conditions, our level of indebtedness, the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric plants, our financing and capital investment plans, existing and future government regulations , and other risks described in our annual report and other documents filed with CVM and SEC. Estimates and forecasts refer only to the date they were expressed and we assume no obligation to update any of these estimates or forecasts due to the occurrence of new information or future events. Future results of the Company's operations and initiatives may differ from current expectations and the investor should not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.
Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 10:06:06 UTC.