Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
October 25 2024 - 8:50AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of October, 2024
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A.
- ELETROBRÁS
(Exact name of registrant as specified in its
charter)
BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)
Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
First Financing with support from an international
export credit agency
Rio de Janeiro, October 25, 2024, Centrais Elétricas
Brasileiras S.A. – Eletrobras, informs that yesterday its Board of Directors approved the raising of financial resources in the
amount of US$ 400 million (four hundred million dollars), through the contracting of financing guaranteed by the Italian Export Credit
Agency – Servizi Assicurativi Del Commercio Estero SPA (SACE).
The operation was structured in the form of
a bank syndicate, led by Citibank N.A. SACE will provide an 80% risk guarantee coverage of the disbursed amount, and the remaining 20%
will be guaranteed by the bank syndicate, for a period of 10 years, with 3 years of grace period and 7 years of amortization.
As a component of Eletrobras' financial strategy,
we seek to diversify fundraising instruments and obtain credit lines with terms and costs appropriate to project financing. In this context,
this will be the first fundraising with the support of an international export credit agency.
Eduardo Haiama
Vice-President of Finance and Investor
Relations
This document may contain estimates and projections
that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking
statements under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as
amended. The words “believes”, “may”, “can”, “estimates”, “continues”, “anticipates”,
“intends”, “expects”, and similar expressions are intended to identify estimates that necessarily involve known
and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political,
and business conditions in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes
in consumer electricity usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments
related to our receivables; changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing
and capital investment plans; existing and future government regulations; and other risks described in our annual report and other documents
filed with the CVM and SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation
to update any of these estimates or projections due to new information or future events. Future results of the Company’s operations
and initiatives may differ from current expectations, and investors should not rely solely on the information contained herein. This material
contains calculations that may not reflect precise results due to rounding.
SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: October 25, 2024
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS |
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By: |
/S/ Eduardo Haiama
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Eduardo Haiama
Vice-President of Finance and Investor Relations |
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements.
These statements are statements that are not historical facts, and are based on management's current view and estimates offuture
economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes",
"estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended
to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal
operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic
and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual
results to differ materially from current expectations.
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