CORPORATEBrazil
XP Malls approves its 15th issuance of up to R$ 800 million at R$ 110.11 per quota, settling on October 13
XP Malls (XPML11) shareholders approved, in a September 14 material fact, the 15th quota issuance of up to R$ 800 million, with 3,632,731 quotas at R$ 110.11 plus a 0.75% distribution fee (R$ 0.82), R$ 110.93 per quota in total, and the option to double the offering on excess demand; preference rights have a September 17 record date and a B3 period from September 21 to October 1, with settlement expected on October 13. The offering is restricted to professional investors, with a minimum investment of R$ 5,065.06 and a minimum amount of R$ 30 million, and proceeds go to asset acquisition and expansion or capital structure optimisation.