Americanas S.A. announced a private placement of 34,782,609 common shares at a price of BRL 115 per share for the gross proceeds of BRL 4,000,000,035 on July 21, 2020. The transaction will include participation from existing investor Lojas Americanas S.A. The dilution percentage for shareholders who do not participate in the transaction will be 6.216863391%. The existing investors holding shares July 24, 2020 will have the preemptive right to subscribe for 0.06628977891 (6.628977891%) share issued by the company.

The transaction has been approved by the board of directors of the company.