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| Name | Symbol | Market | Type |
|---|---|---|---|
| Embraer SA | NYSE:ERJ | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.40 | -4.71% | 28.3491 | 29.86 | 28.335 | 29.81 | 1,202,750 | 19:12:51 |
From Jul 2019 to Jul 2024
SÃO JOSÉ DOS CAMPOS, Brazil, July 23, 2020 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) informs the market and the general public that, in accordance with the communication published on June 15, 2020, it has concluded the signing of all definitive contracts with five private and public banks (Banco do Brasil, Bradesco, Morgan Stanley, Natixis, and Santander) as part of its working capital and export financing operation.
The disbursements, in a total value of US$ 300 million, have already begun and should be concluded by the end of July 2020, reinforcing the cash position of the Company for the second half of 2020 and for 2021.
These working capital financing lines have maturities of two to four years and the funds will be used during the production phase through the moment of product shipment for the export market.
The Company will continue to evaluate additional forms of financing in order to maintain a long-term indebtedness profile conducive to its business cycle.
Antonio Carlos Garcia
Executive Vice President of Finance and Investor Relations
PRESS OFFICES:
Headquarters (Brazil)
Corporate Communications
embraer@idealhks.com
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984
North America
Alyssa Ten Eyck
ayeck@embraer.com
Cell: +1 954 383 0460
Tel.: +1 954 359 3847
Europe, Middle East and Africa
Guy Douglas
guy.douglas@nl.embraer.com
Cell: +31 (0)657120121
Tell: +31 (0)202158109
China
Mirage Zhong
mirage.zhong@bjs.embraer.com
Cell: +86 185 1378 5180
Tel.: +86 10 6598 9988
Asia Pacific
Nilma Missir-Boissac
nilma.boissac@sin.embraer.com
Cell: +65 9012 8428
Tel.: +65 6305 9955
View original content:http://www.prnewswire.com/news-releases/notice-to-the-market---embraer-financing-301098773.html
SOURCE Embraer S.A.
Copyright 2020 PR Newswire
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