RE:BBD REVERSE SPLIT AND DEBT MATURITYIMO bbd will not issue 200 millions shares, instead will issue only 100 millions some time before end of 2023
bbd will use the proceeds to fully for 2024, 2025, 2026 debts (evaluated ar 3,42 billions) bbd will save about 267 billions in interest
bbd will still have 2027, 2028, 2034 debt (evaluated at 3,260 billions)
and bbd will have clear path till 2027
before end of 2026 bbd will evaluate, they should have enough cash accumulated from interest saved, increasrd rev from maitenance etc
then on 2027 bbd can pay only have left over debt without issueing new shares
it is not as bad as some trying to present it
IMO, there is no need to issue 200 millions news shares, 100 million is just fine