In brief

Raízen proposed a capital increase of at least R$ 3.5 billion.

The price is R$ 0.25 per share.

What we know

04
  1. Verified fact · material

    On October 21, 2026, Raízen disclosed a proposed private capital increase of at least R$ 3.5 billion under its out-of-court reorganization plan.

    Capitalization.

    Sources[01][02]
  2. Verified fact · material

    The proposed price is R$ 0.25 per share, with a minimum subscription of 14 billion shares; the deal depends on a shareholder meeting on October 30 and a board decision on November 5.

    Terms.

    Sources[01][02]
  3. Verified fact

    According to CNN Brasil, the maximum amount of the increase is still to be set.

    Open cap.

    Sources[01]
  4. Verified fact

    According to Times Brasil, the preemptive rights period runs from November 6 to December 7, 2026.

    Preemptive rights.

    Sources[02]

Transmission to assets

Market read-through

The proposal puts the capital step of the restructuring in motion, but the final size depends on take-up.

Portfolio impact

01
RAIZ4mixed

Low price implies meaningful dilution.

Lowers credit risk.

What would change the view: Shareholder approval.

direct30% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • October 30 meeting
  • Controlling shareholders' participation

Limits of the reporting

What remains uncertain

  • Sources differ on whether R$ 3.5 billion is a floor or a cap; CNN and Times Brasil treat it as a minimum.

Full sources

02