LOG Commercial Properties board approves BRL 300 million commercial note issue
SAN•LOG Commercial Properties' board approved a BRL 300 million private commercial note issue. Banco Santander (Brasil) will subscribe to the one-year notes, which pay the accumulated average daily CDI rate plus 0.64% annually.
1. Note issue terms
The board unanimously approved the issuance on October 22, 2026. Principal and interest will be paid in a single installment at maturity.
2. Collateral
The notes will have BRL 46 million in collateral, comprising real estate investment fund quotas, supplemented by bank certificates of deposit if necessary.
