Federal postal state company, loss-making since 2024, which relies on Treasury-guaranteed loans and a Union capital injection for its restructuring plan.
Last 90 days
Correios formally requested in September 2026 a Treasury guarantee for a new R$ 7 billion loan, nine months after borrowing R$ 12 billion, with a R$ 5.55 billion first-half loss, per Folha, Poder360 and InfoMoney.
Updated October 29, 2026 · 4 verified articles
Market transmission
Unlisted, the company matters to the market through Treasury guarantees, which are Union contingent liabilities, and through the cost of the bank loans it contracts.
Explanatory mechanism, not a forecast or recommendation.Minister Dario Durigan approved a Treasury guarantee for a new R$ 7 billion loan to Correios, published in the official gazette on October 28, at 114.84% of CDI over 15 years, according to Gazeta do Povo and Estado de Minas.
The Superior Labor Court ruled on September 24, by majority, that the strike by Correios employees, which began on September 10, is not abusive, but ordered a return to work on September 25. Days lost will not be deducted from pay, but the hours must be made up. During the stoppage, the court had required 80% of staff to keep working; unions said they would meet to decide on the return.
The president of the Superior Labor Court (TST), Justice Vieira de Mello Filho, suspended on September 21 the trial of the Correios collective dispute because the state company filed reports and videos on Friday and Saturday, leaving no time for worker representatives to respond, which would breach due process. The session was rescheduled for Thursday, September 24, at 3:30 pm, according to CNN Brasil. The nationwide strike, started on September 10 by the Findect and Fentect federations, continues indefinitely; the main sticking point is the health plan, of which the company wants to stop being the sponsor.
Correios formally requested a National Treasury guarantee for a new R$ 7 billion loan from private banks, the second in under a year after the R$ 12 billion contracted in December 2025 with Itaú, Bradesco, Santander, Banco do Brasil and Caixa; Poder360 details Banco ABC, Citibank, Deutsche Bank and J.P. Morgan as lenders, a cost of 114.26% of CDI, 15 years with 3 of grace and disbursement expected September 15, while the state company says terms are still under negotiation. The company lost R$ 5.55 billion in the first half.