Investors Relations
Institutional Site
  • -
  • -
  • -
  • -
  • -
  • -
Português English
Search
Search
  • Português English

    • Material Fact

    MATERIAL FACT

    DESKTOP S.A. (“Company” or “Desktop”), in compliance with the provisions of article 157, paragraph 4, of Law No. 6,404/76 (“Brazilian Corporation Law”), and for the purposes of the Brazilian Exchange and Securities Commission (“CVM”) Resolution No. 44, of August 23, 2021, and CVM Resolution No. 78, of March 29, 2022, hereby informs its shareholders and the market in general that, on this date, the Financing Agreement Through Credit Opening with Banco Nacional de Desenvolvimento Econômico e Social – BNDES, to raise funds in the amount of up to R$ 50,000,000.00 (fifty million reais), in accordance with the following main conditions:

    • Grace Period: up to 36 months, at the discretion of the Company when taking out credit
    • Maturity: up to 120 months, according to the Company's grace period and amortization options when taking out credit
    • Interest Rate: TR 226 + up to 4.34% p.a., according to the Company's grace period and amortization options when taking out the credit and in accordance with specifications contained in the contract
    • Guarantees: fiduciary assignment of the flow of receivables equivalent to (i) during the grace period, up to the first month of amortization, 130% (one hundred and thirty percent) of the value of the first due debt service installment, which includes interest plus principal, and (ii) from the second month of amortization, 130% (one hundred and thirty percent) of the value of the last outstanding debt service installment, including principal, interest and other accessories

    The funds raised will be used to purchase telecommunications equipment and fiber optic cables developed or produced in Brazil, as well as the associated working capital. Disbursements are subject to compliance with certain conditions set out in the contract.

    The Company’s management will keep its shareholders and the market informed about any new information regarding the matter covered in this Material Fact.

    To access the full document click here.

     

    Sumaré, October 10th, 2023.

    Bruno Silva Carvalho de Souza Leão
    Chief Financial, M&A and Investor Relations Officer