Eletrobras looking at capitalizing Treasury advances

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Brazilian state-run utility Centrais Eletricas Brasileiras SA said on Monday it ...

FILE PHOTO: The logo for Eletrobras, a Brazilian electric utilities company, is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., April 9, 2019. REUTERS/Brendan McDermid/File Photo

If the operation is agreed to, those loans would become capital and be removed from the company’s debt load.

 

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