Cosan expanded net debt falls 48% year-on-year to R$ 9.5 billion in third quarter
CSAN•
CSAN•Cosan reported third-quarter expanded net debt of BRL 9.5 billion, down 48% year-on-year but up 3% sequentially. A settlement involving Raízen is expected to reduce federal tax contingencies by about BRL 3.2 billion for a net cash outlay of about BRL 200 million.
Cosan’s expanded net debt reached BRL 9.5 billion in the third quarter, 3% higher than in the prior quarter and 48% lower than a year earlier. Under Raízen’s October 28, 2026, settlement, Cosan will reduce federal tax contingencies by approximately BRL 3.2 billion, with a net cash outlay of approximately BRL 200 million.
Radar completed agricultural property sales totaling BRL 1.89 billion on October 30, 2026. A further divestment of Cedro Propriedades Agrícolas closed on November 10, 2026, for BRL 808 million.