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Axia Energia Reduces Local Debt Offering to R$3 Billion Amid Credit Spread Concerns.
ByAinvest
Thursday, Nov 13, 2025 3:26 pm ET1min read
Axia Energia, formerly Eletrobras, has reduced the size of its local debt issuance from R$7 billion to R$3 billion due to market price changes. The company canceled a R$4 billion infrastructure bond issue this year, as credit spreads increased for this type of tax-exempt bond for individuals. Axia will maintain a R$3 billion bond sale this year, to be sold to institutional investors.
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