Notice to the Market – Conclusion of the 7th Issuance of Debentures
NOTICE TO THE MARKET
Conclusion of the 7th Issuance of Debentures
Rio de Janeiro, June 05, 2018 – Valid Soluções e Serviços de Segurança em Meios de Pagamento e Identificação S.A. (“Company”) (B3: VLID3 ON), pursuant to Law 6,404/76 and CVM Instruction 358/02, announces to its shareholders and the market in general the conclusion of the public offering with restricted placement efforts related to the Company’s seventh (7th) issuance of simple, nonconvertible, unsecured, single series debentures (“Debentures“), carried out pursuant to Instruction 476 of the Brazilian Securities and Exchange Commission (“CVM“), of January 16, 2009, as amended (“CVM Instruction 476” and “Restricted Offering“, respectively).
A total of thirty-six thousand (36,000) Debentures were subscribed to within the scope of the Restricted Offering, at the unit par value of ten thousand reais (R$10,000.00), totaling three hundred and sixty million reais (R$360,000,000.00). The Debentures will mature within five (5) years of the issuance date, on June 4, 2023, except in case of voluntary acquisition, voluntary early redemption and early maturity, pursuant to the terms in the “Instrumento Particular de Escritura da 7ª (Sétima) Emissão de Debêntures Simples, Não Conversíveis em Ações, da Espécie Quirografária, em Série Única, para Distribuição Pública, com Esforços Restritos, da Valid Soluções e Serviços de Segurança em Meios de Pagamento e Identificação S.A.” (Indenture of the Seventh (7th) Issuance of Simple, Nonconvertible, Unsecured, Single Series Debentures, for Public Distribution with Restricted Placement Efforts, of Valid Soluções e Serviços de Segurança em Meios de Pagamento e Identificação S.A.), entered into between the Company and Oliveira Trust Distribuidora de Títulos e Valores Mobiliários S.A., in the capacity of fiduciary agent, on May 24, 2018 (“Indenture“).
Interest on the unit par value (or the unit par value balance, however the case may be) of the Debentures shall correspond to one hundred and fifteen percent (115.0%) of the accumulated variation of average daily rates of one-day Interbank Deposits (DI), over extra-grupo, expressed as an annual percentage, based on a year of two hundred and fifty-two (252) business days, calculated and disclosed by B3 S.A. – Brasil, Bolsa, Balcão – CETIP UTVM in the daily newsletter available on its website (www.cetip.com.br), calculated pursuant to the Indenture.
The net proceeds of the Restricted Offering will be use to restructure liabilities and strengthen the Company’s working capital.
This notice was disclosed solely for informative purposes and shall not be construed as a sales and/or promotion material of the Debentures.
For more information, please contact our Investor Relations Department.
Click here for the Notice to the Market.