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PDG Realty SA Empreendimentos e Participacoes (PDGR3.SA)

PDGR3.SA on Sao Paulo Stock Exchange

2.32BRL
23 Nov 2017
Change (% chg)

R$ -0.01 (-0.43%)
Prev Close
R$ 2.33
Open
R$ 2.34
Day's High
R$ 2.37
Day's Low
R$ 2.31
Volume
547,800
Avg. Vol
1,510,251
52-wk High
R$ 4.69
52-wk Low
R$ 1.18

Latest Key Developments (Source: Significant Developments)

BRIEF-PDG Realty to get financing of up to BRL 100 million
Friday, 12 Aug 2016 10:47am EDT 

Corrects story from June 10. Corrects company name in headline and body text and names of the banks in the second bullet point..PDG Realty SA Empreendimentos e Participacoes : Announced on Thursday that it concluded negotiations with investment vehicles managed by Vinci Partners group for financing through two debenture issues totalling up to 100 million Brazilian reais ($29.3 million) . Financing operation is a condition precedent for the implementation of the debt restructuring agreement, set in the memorandum of understanding signed with Banco do Brasil SA, Banco Bradesco SA, Caixa Econômica Federal and Itaú Unibanco SA . Board approved the first debenture issue totalling up to 50 million reais, to be subscribed and paid by Vinci Vehicles in one or more instalments within 30 days .The second issue totalling up to 50 million reais has to be submitted for the board's approval, to be subscribed and paid by Vinci Vehicles in one or more instalments within 12 months.  Full Article

PD Realty to get financing of up to BRL 100 million
Friday, 10 Jun 2016 09:37am EDT 

PD Realty SAC Empreendimentos e Participacoes : Announced on Thursday that it concluded negotiations with investment vehicles managed by Vinci Partners group for financing through two debenture issues totalling up to 100 million Brazilian reais ($29.3 million) . Financing operation is a condition precedent for the implementation of the debt restructuring agreement, set in the memorandum of understanding signed with Banco do Brasil SAC, Banco Bradesco SAC, Caiman Economical Federal and Itau Univac SAC . Board approved the first debenture issue totalling up to 50 million reais, to be subscribed and paid by Vinci Vehicles in one or more instalments within 30 days .The second issue totalling up to 50 million reais has to be submitted for the Board's approval, to be subscribed and paid by Vinci Vehicles in one or more instalments within 12 months.  Full Article

PDG Realty signs memorandum with banks to restructure debt
Friday, 6 May 2016 11:39am EDT 

PDG Realty SA Empreendimentos e Participacoes : Said on Thursday that it signed memorandum of understanding with Banco do Brasil SA, Banco Bradesco SA, Caixa Economica Federal and Itau Unibanco SA to formalise possible debt restructuring agreement .Says that if formalised, the agreement will cover up to 60 percent of its gross financial debt (at end of Dec. 2015), corresponding to about 3.7 billion Brazilian reais ($1.05 billion).  Full Article