Light gave another signal to suspend RJ, but creditors remained skeptical

Light gave another signal to suspend RJ, but creditors remained skeptical

The company reveals the relevant fact that if there is an agreement with creditors, the power generation arm could leave RJ

Lucinda Pinto

Light took another step to pressure the company’s creditors to close the renegotiation agreement on the company’s debts. On the part of creditors, the signals are still viewed with restrictions.

In a related incident issued on Monday (2) evening, it stated that it had filed an application “to remove the procedural legal relationship within the scope of the judicial reorganization” of its generator, Light Energia, but that this depended on “reaching satisfactory results of the above-mentioned non-judicial negotiations with its creditors and other stakeholders.” And report it to the Royal Jordanian Court in a timely manner.”

It is worth noting that Light Holding and Light SESA, the crown jewel of the group and owner of the Rio de Janeiro concession, will remain under judicial recovery even with the change.

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According to the report, the document attached to the case does not yet represent a concrete indication of Royal Jordanian suspension. IM Business “It’s another reality,” says one interviewer, on condition of anonymity.

A month ago, the company already issued a plan to close the RJ operation, also conditional on a debt restructuring agreement, which is estimated at approximately R$ 11 billion. However, according to interlocutors, no steady progress has yet been made in this understanding.

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