Debt details
Ultrapar’s indebtedness breakdown as of June 30, 2024 can be found in the financial spreadsheets.
Debt breakdown as of June 30, 2024:
| In millions of reais | ||
|---|---|---|
| Up to 1 year | 3,414 | 25% |
| From 1 to 2 years | 1,444 | 11% |
| From 2 to 3 years | 3,610 | 26% |
| From 3 to 4 years | 946 | 7% |
| From 4 to 5 years | 3,174 | 23% |
| More than 5 years | 1,116 | 8% |
| Total | 13,703 | 100% |
Debt securities issued by Ultrapar and its subsidiaries are:
2nd issuance of debentures (Companhia Ultragaz)
Issuer: Companhia Ultragaz S.A.
Tranche 1:
Principal: R$ 455.0 million
Issuance date: July 25, 2024
Maturity: July 25, 2027
Interest rate: CDI + 0.65%
Interest payments: biannual
Tranche 2:
Principal: R$ 245.0 million
Issuance date: July 25, 2024
Maturity: July, 25 2027
Interest rate: CDI + 0.90%
Interest payments: biannual
Indenture of the 2nd issuance of debentures
1st amendment to the issuance indenture
13th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables Agronegócio (CRA)
Issuer: Ipiranga Produtos de Petróleo SA
Tranche 1:
Principal: R$ 200.0 million
Issuance date: July 15, 2023
Maturity: July 15, 2027
Interest rate: 11.17%
Interest payments: quarterly
Tranche 2:
Principal: R$ 200.0 million
Issuance date: July 15, 2023
Maturity: July 15, 2027
Interest rate: CDI + 0.70%
Interest payments: quarterly
Indenture of the 13th issuance of debentures
1st amendment to the issuance indenture
Prospect
12th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables Agronegócio (CRA)
Issuer: Ipiranga Produtos de Petróleo SA
Tranche 1:
Principal: R$ 325.8 million
Issuance date: July 15, 2023
Maturity: July 15, 2027
Interest rate: 11.17%
Interest payment: quarterly
Tranche 2:
Principal: R$ 292.2 million
Issuance date: June 15, 2023
Maturity: June 15, 2027
Interest rate: CDI + 0.70%
Interest payments: quarterly
Indenture of the 12th issuance of debentures
1st amendment to the issuance indenture
Prospect
11th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables (CRA)
Issuer: Ipiranga Produtos de Petróleo S.A.
Principal: R$ 1.0 billion
Issuance date: June 15, 2022
Maturity: June 11, 2032
Interest rate: IPCA + 6.0053%
Interest payments: biannual
Indenture of the 11th issuance of debentures
1st amendment to the issuance indenture
Prospect
2nd issuance of debentures (Tequimar)
Issuer: Ultracargo Logística S.A.
Principal: R$ 100.0 million
Issuance date: March 15, 2021
Maturity: March 15, 2028
Interest rate: IPCA + 4.37%
Interest payments: biannual
Trustee’s annual report 2021
Trustee’s annual report 2022
Indenture of the 2nd issuance of debentures
1st issuance of debentures (Tequimar Vila do Conde)
Issuer: Tequimar Vila do Conde Logística Portuária S.A.
Principal: R$ 360.0 million
Issuance date: March 15, 2021
Maturity: March 15, 2028
Interest rate: IPCA + 4.04%
Interest payments: biannual
Trustee’s annual report 2021
Trustee’s annual report 2022
Indenture of the 1st issuance of debentures
Issuance of notes (retap of notes issued in 2019)
Issuer: Ultrapar International S.A.
Principal: US$ 350.0 million
Issurance date: July 20, 2020
Maturity: June 6, 2029
Interest rate: 5.25%
Interest payments: biannual
1st issuance of debentures (Tequimar)
Issuer: Ultracargo Logística S.A.
Principal: R$ 90.0 million
Issurance date: November 19, 2019
Maturity: November 19, 2024
Interest rate: 6.47%
Interest payments: biannual
Indenture of the 1st issuance of Tequimar’s debentures
1st amendment to the issuance indenture
Trustee’s annual report 2019
Trustee’s annual report 2020
Trustee’s annual report 2021
Trustee’s annual report 2022
Issuance of notes
Issuer: Ultrapar International S.A.
Principal: US$ 500.0 million
Issurance date: June 6, 2019
Maturity: June 6, 2029
Interest rate: 5.25%
Interest payments: biannual
8th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables (CRA)
Issuer: Ipiranga Produtos de Petróleo S.A.
Tranche 1:
Principal: R$ 660.0 million
Issuance date: December 15, 2018
Maturity: December 18, 2023
Interest rate: 97.50% CDI
Interest payments: biannual
Tranche 2:
Principal: R$ 240.0 million
Issuance date: December 15, 2018
Maturity: December 18, 2025
Interest rate: IPCA + 4.61%
Interest payments: annual
Trustee’s annual report
Indenture of the 8th issuance of debentures
6th issuance of debentures (Ultrapar)
Issuer: Ultrapar Participações S.A.
Principal: R$ 1.725 million
Issuance date: March 5, 2018
Maturity: March 5, 2023
Interest rate: 105.25% of CDI
Interest payments: biannual
Trustee’s annual report 2018
Trustee’s annual report 2019
Trustee’s annual report 2020
Trustee’s annual report 2021
Trustee’s annual report 2022
Trustee’s annual report 2023
Indenture of the 6th issuance of Ultrapar’s debentures
7th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables (CRA)
Issuer: Ipiranga Produtos de Petróleo S.A.
Tranche 1:
Principal: R$ 730.4 million
Issuance date: October 25, 2017
Maturity: October 24, 2022
Interest rate: 95.00% CDI
Interest payments: biannual
Tranche 2:
Principal: R$ 213.7 million
Issuance date: October 25, 2017
Maturity: October 24, 2024
Interest rate: IPCA + 4.34%
Interest payment: annual
Trustee’s annual report
Indenture of 7th issuance of debentures
6ª issuance of debentures (Ipiranga)
Issuer: Ipiranga Produtos de Petróleo SA
Principal: R$ 1.5 billion
Issuance date: June 28, 2017
Maturity: June 28, 2022
Interest rate: 105.00% of CDI
Interest payment: annual
Payment of principal: annual, from May 2019
Trustee’s annual 2017
Trustee’s annual 2018
Trustee’s annual 2019
Trustee’s annual 2020
Trustee’s annual 2021
Trustee’s annual 2022
Indenture of the 6th issuance of debentures
5th issuance of debentures (Ipiranga) – Securitized through Certificates of Agribusiness Receivables (CRA)
Issuer: Ipiranga Produtos de Petróleo SA
Tranche 1:
Principal: R$ 660.1 milllion
Issuance date: April 17, 2017
Maturity: April 18, 2022
Interest rate: 95.00% CDI
Interest payment: biannual
Tranche 2:
Principal: R$ 352.4 million
Issuance date: April 17, 2017
Maturity: April 15, 2024
Interest rate:: IPCA + 4.68%
Interest payment: annual
Trustee’s annual report
Indenture of 5th issuance of debentures
Issuance of notes
Issuer: Ultrapar International SA
Principal: US$ 750.0 million
Issuance date: October 6, 2016
Maturity: October 6, 2026
Interest rate: 5.25%
Interest payment: biannual
Rating
Ultrapar was assigned investment grade by Moody’s and Standard & Poor’s rating agencies, as follows. The ratings assigned to Ultrapar reflect, among other factors, its resilient results supported by its strong brands and leading positions; relatively stable cash generation; intermediate financial profile and a prudent and cost-focused management.
Updated on: 12/20/2023