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Companhia De Saneamento shared its third-quarter results, showing plans for local funding and higher prices next year.

ResultsRead the original at Benzinga
Good for SBS

SBS expects to raise less funding next year because debt payments will be smaller and tariffs higher. Overseas borrowing costs have risen, but it plans local funding and says that market has ample room.

SBS · Companhia De Saneamento

AI read · Good for SBS

The AI's read

Smaller debt payments and higher tariffs should leave the company needing less new funding. Overseas borrowing costs have risen, but management says local markets have ample room and plans to borrow there. A contract formula is also set to reflect higher interest rates when it resets in 2029, though that adjustment comes later.

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