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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| E. On SE | TG:EOAN | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.11 | 0.89% | 12.445 | 12.42 | 12.465 | 12.485 | 12.305 | 12.315 | 235,590 | 22:50:05 |
From May 2019 to May 2024
By Rogerio Jelmayer
SAO PAULO--Brazilian electric power utility Eneva SA (ENEV3.BR), controlled by Germany's E.ON SE (EONGY) and Brazilian businessman Eike Batista reached an agreement to halt payment of amortization and interest on financial transactions with some banks.
The company said it will halt the payment--until Nov. 21--of amortization and the payments of interest on financial transactions of the company and its subsidiaries with financial institutions, including Brazil's National Development Bank, the BNDES, Banco BTG Pactual, Banco Citibank, HSBC Bank Brazil and Banco Itau Unibanco.
It didn't unveil the total amount of its debts.
"The agreement aims to preserve Eneva and its subsidiaries' cash position, as well as enable us to continue the stabilization plan of the company," it said over the weekend.
Eneva's share was down 8% so far during Monday's session, while the main local stock index, the Ibovespa, was down 1%.
Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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