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Brazil's Raizen secures 8.5 billion discount on 16.7 billion reais tax debt

By Reuters News

Oct 28 (Reuters) - Raizen SA RAIZ4.SA:

  • ANNOUNCES FEDERAL TAX SETTLEMENT AGREEMENT - FILING

  • SECURES 8.5 BILLION REAIS TAX DEBT DISCOUNT ON 16.7 BILLION REAIS TAX DEBT

  • 5.7 BILLION REAIS OF REMAINING TAX DEBT TO BE SETTLED USING TAX LOSSES, 2.5 BILLION REAIS IN CASH

Further company coverage: RAIZ4.SA

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