Elfa creditors revolt after Patria sells company for 630 reals
Os debenturistas da Elfa – a empresa de distribuição de medicamentos criada pelo Pátria – estão revoltados com a venda da empresa pelo valor simbólico de R$ 630. Credores disseram ao Brazil Journal que foram pegos de surpresa com a notícia, já que o Pátria não havia sinalizado que buscava vender o ativo, e que […] The post Credores da Elfa se revoltam depois de Pátria vender a empresa por R$ 630…
Debenture holders of Elfa, a drug distribution company created by Pátria, are upset with the company's sale for a symbolic R$ 630. The sale was made to Gravataí, a company created four months ago by two investors, Marcel Molon and Luciano Correa, who were previously shareholders of Hopi Hari. Elfa's debenture holders, represented by Moelis and TWK Advogados, plan to request early debt repayment due to the change in control, and will seek to execute guarantees including receivables and the fiduciary alienation of two Elfa companies, Descarpack and Suryia.
The debentures total R$ 750 million, with major holders including ARX Investimentos, BB Asset, and Strata Capital, and the company also has bank debts of over R$ 750 million, mainly with Santander.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
