Ser Educacional S.A. (“Company”), pursuant to Law No. 6.404, of December 15, 1976, as amended, to the Brazilian Securities and Exchange Commission (“CVM”) Resolution No. 160, of July 13, 2022, as amended, and to the CVM Resolution No. 44, of August 23, 2021, as amended (“Brazilian Corporate Law”, “CVM Resolution 160” and “CVM Resolution 44”, respectively), hereby informs its shareholders and the market in general that the Company’s Board of Directors has approved the fourth (4th)) issuance of simple unsecured debentures, not convertible into shares, in single series, of the Company, with a term of validity of five (5) years, in the total amount of two hundred million Reais (R$ 200,000,000.00), pursuant CVM Resolution 160 (“Issuance” and “Debentures”, respectively), for public distribution under the automatic distribution registration procedure, without prior analysis, directed exclusively to Professional Investors, as set forth in article 11 of CVM Resolution 30, of May 11, 2021 (“Offering”).
The Debentures will be amortized semiannually as of the 18th (eighteenth) month (inclusive) from the Issue Date, in 8 (eight) installments, with the last installment due on the Maturity Date and will be remunerated at CDI+2.00% (two percent) per year, and the remuneration will be paid semiannually, without waiting period.
The terms and conditions of the Offering are defined in the Board of Directors’ Meeting.
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