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CPFL Energia SA (CPFE3.SA)

CPFE3.SA on Sao Paulo Stock Exchange

20 Feb 2018
Change (% chg)

R$ -0.06 (-0.26%)
Prev Close
R$ 22.96
R$ 23.12
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R$ 27.64
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Latest Key Developments (Source: Significant Developments)

BRIEF-CPFL Energia approves to issue 620 mln reais in debt
Tuesday, 11 Oct 2016 

CPFL Energia SA : Said on Monday its board of directors approved an issue of simple non-convertible debentures in the total amount of 620.0 million Brazilian reais ($192.5 million) . Funds to be used for acquisition of stake in AES Sul Distribuidora Gaucha de Energia SA .Debentures to mature on Oct. 20, 2020, to bear an interest corresponding to 114.5 percent of daily average of interbank deposit rates.  Full Article

AES announces agreement to sell AES Sul in Brazil
Thursday, 16 Jun 2016 

AES Corp : AES announces agreement to sell AES Sul in Brazil . Entered into an agreement to sell its 100% equity interest in AES Sul, one of its utilities in brazil, to CPFL Energia S.A . Deal for BRL1,698 million (equivalent to $464 million at expected BRL/USD conversion rate of 3.66 at time of closing) . Sale was previously included in company's 2016 guidance and 2017-2018 expectations .Transaction will remove a total of $335 million in non-recourse debt on AES' balance sheet as of March 31, 2016.  Full Article

Cpfl Energia SA to propose dividend payment and capital increase, distributing new shares as bonus
Monday, 21 Mar 2016 

Cpfl Energia SA:Says its board of directors will propose dividend payment, related to the fiscal year 2015, in the total amount of 205.4 million Brazilian reais, corresponding to 0.2069 real per share.Says dividend payment date to be defined during FY 2016.Says dividend record date is April 29.Says shares to be traded ex-dividend as of May 2.Says will propose capital increase of 393.0 million Brazilian reais, by issuing 24.9 million common shares without par value.Says will propose to attribute to shareholders, free of charge, a bonus of 0,0251 new share per each share held with a record date of April 29.Says shares will be traded without right of bonus as of May 2.Says bonus shares will be attributed to shareholders on May 5.  Full Article

RPT-ANALYSIS-Busiest year for Brazilian IPOs since 2013 ends on flat note

SAO PAULO/BRASILIA, Dec 16 Brazil's strongest year for initial public offerings since 2013 finished on a flat note this week as one company canceled its plans and what promised to be 2017's biggest listing priced at the bottom of the range.