Edition:
United States

Magazine Luiza SA (MGLU3.SA)

MGLU3.SA on Sao Paolo Stock Exchange

43.03BRL
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

S&P affirms rating of Magazine Luiza at "brA+" on national scale
Thursday, 16 Jun 2016 08:01am EDT 

Magazine Luiza SA :Announced on Wednesday that Standard and Poor's Ratings Services reaffirmed the company's rating at "brA+" on the national scale and attributed "brA+" rating to the sixth issue of its debentures.  Full Article

Magazine Luiza announces issue of debentures
Wednesday, 8 Jun 2016 06:37am EDT 

Magazine Luiza SA : Announced on Tuesday that its board approved the sixth issue of unsecured non-convertible debentures, in a single series, for public distribution with restricted placement efforts . To issue 10,000 debentures, totalling 100.0 million Brazilian reais ($29.1 million) . The issue date is June 20, the validity period is 2 years .The proceeds to be allocated to early redemption or optional acquisition of the debentures of the third issue and to recomposition of the company's cash balance.  Full Article

LAPB Gestao de Recursos Financeiros Ltda have reaches 5.19 pct of Magazine Luiza SA's shares
Thursday, 7 Jan 2016 07:14am EST 

Magazine Luiza SA:Says that funds managed by LAPB Gestao de Recursos Financeiros Ltda have reached 5.19 percent of all the shares issued by the company.  Full Article

Magazine Luiza SA announces dividend and own capital interest payment date
Monday, 27 Apr 2015 04:53pm EDT 

Magazine Luiza SA:Says that on the general meeting on April 27 it has approved dividend and own capital interest totaling 33.5 million Brazilian reais to be paid on May 8.Dividend payment at total value of 19.5 million Brazilian reais, corresponding to 0.11 reais per share.Own capital interest payment in the amount of 14 million Brazilian reais, corresponding to 0.07817 reais per share.Ex-dividend as of April 28.  Full Article

Magazine Luiza SA to propose dividend payment
Friday, 27 Mar 2015 07:46am EDT 

Magazine Luiza SA:Says at the general meeting on April 27 it will deliberate on dividend payment at total value of 19.5 million Brazilian reais, corresponding to 0.11 reais per share.Record date April 27.Ex-dividend date April 28.Payment of dividends and own capital interests announced on Dec. 30, 2014 in up to 30 days after the general meeting.  Full Article

Standard and Poor's reaffirms ratings of Magazine Luiza SA
Thursday, 19 Mar 2015 08:09am EDT 

Magazine Luiza SA:Says Standard and Poor's Ratings Services has reaffirmed the company corporate rating at brAA- in the national scale, with stable outlook.  Full Article

Magazine Luiza SA announces own capital interest payment
Friday, 2 Jan 2015 05:58am EST 

Magazine Luiza SA:Says on Dec. 30 it approved own capital interest payment in the amount of 14,000,000 Brazilian reais, corresponding to 0.07817 Brazilian reais per share.Payment will be done within 30 days as from the convocation of Ordinary General Meeting of 2015.Record date Jan. 14, 2015.Shares will be traded as ex-interest as of Jan. 15, 2015.  Full Article

Magazine Luiza SA to invest in construction of new stores
Wednesday, 19 Nov 2014 07:17am EST 

Magazine Luiza SA:Approved on Nov. 13 long-term operations with Banco do Nordeste do Brazil S / A, with resources from the Constitutional Fund for Financing the Northeast - FNE in the amount of up to 80,000,000.00 Brazilian reais.Says to invest in construction of new stores, remodeling existing stores and construction of a distribution centre in the municipality of Candeias, Bahia.  Full Article