Vidrala‘s Brazilian subsidiary Vidroporto has closed a new issuance of debentures for an amount of BRL 900 million (EUR 165 million).
The funds will be used to repay current financing, derived from the recent expansionary project at the Porto Ferreria plant.
The new financing structure -with improved flexibility, duration and cost conditions- will serve as a basis for the development and growth of the Group’s activity in Brazil.