MOVIDA PARTICIPAÇES SA
Public restricted firm with licensed capital
CNPJ / ME n ° 21.314.559 / 0001-66
Movida plans a brand new challenge of the world’s first sustainability bond within the rental automotive trade
MOVIDA PARTICIPAÇES SA (“Participlees of Movida” The place “Society“), a public restricted firm, in accordance with the provisions of the Comissão de Valores Mobiliários (“CVM“) Decision 44, of 23 August 2021 and article 157, §4, of regulation no.6404 of 15 December 1976, as amended, informs its shareholders and the market typically, that its monetary subsidiary Movida Europe SA, listed immediately US $ 300.0 million in combination principal of further 5.250% sustainability bonds due 2031 (“RemarksThe Notes might be assured by Movida, Movida Locação de Veículos SA and Movida Locação de Veículos Premium Ltda. The Notes signify a further challenge and might be consolidated right into a single fungible sequence with the combination principal quantity of US $ 500.0 million. of Movida Europe. quantity of the 5.250% notes due 2031 initially issued on February 8, 2021. On the shut of this provide, which is anticipated to happen on September 15, 2021, the full whole principal quantity of the 5.250% notes of Movida Europe maturing in 2031 might be US $ 800 million.
The online proceeds of the providing might be used for common company functions, together with capital expenditures (CAPEX) and to refinance a portion of its present debt.
The transaction has obtained a foreign money threat ranking of “BB-” by Fitch Scores and “BB-” by Customary & Poors.
The Securities usually are not and won’t be registered beneath the US Securities Act of 1933, as amended (the “Securities Act”), or any state securities regulation and might not be provided or bought. in the USA within the absence of registration or an relevant exemption from the registration necessities of the Securities Act and relevant state securities legal guidelines. This press launch doesn’t represent a proposal to promote or the solicitation of a proposal to purchase the Notes or some other safety and doesn’t represent a proposal, solicitation or sale in any jurisdiction during which, or to any individual to whom, such a proposal, solicitation or sale is against the law. Any providing of the Notes might be made solely by the use of a non-public providing memorandum.
São Paulo, September 8, 2021
Edmar Prado Lopes Neto
Investor Relations Officer
SP – 27372420v1
1 “=” 1 “” # 4833-4222-3866v2 “” “# 4833-