RELEVANT FACT
CENTRAIS ELÉTRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9
PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) in compliance with the provisions of the Securities Comission (“CVM”) Instruction 358, of January 3, 2002, as amended, informs its shareholders and the market in general, based on information provided by Banco Bradesco BBI SA (“Bradesco BBI”), the closing of the public offering, distributed with restricted efforts, referring to the second series of the 1st (first) issuance of simple unsecured debentures, not convertible into shares, with additional personal guarantee, in 2 (two) series, of Furnas Centrais Elétricas S.A. (“Furnas”) carried out pursuant to CVM Instruction 476, of January 16, 2009, as amended (“CVM Instruction 476”) (“Issue” or “Offer”). Bradesco BBI acted as Lead Emission Coordinator. The issue had a personal guarantee provided by the Company.
800,000 (eight hundred thousand) debentures were subscribed with a unit face value of R$ 1,000.00 (one thousand reais) on the issue date, on November 15, 2019 (“Issue Date”), totaling R$ 800,000,000.00 (eight hundred million reais) on the Issue Date (“Second Series Debentures”). The nominal Unit Value of the Second Series Debentures will bear interest corresponding to 4.08% (four integers and eight hundredths percent) per year, base 252 (two hundred and fifty-two) Business Days, calculated in the form of the Deed of Issue. The maturity of the Second Series Debentures will be 10 (ten) years, expiring, therefore, on November 15, 2029.
More information about the Issue is available in the minutes of the Meeting of the Board of Directors of the Company, which approved the Issue by Furnas, as well as the provision of personal guarantee, and in the “Private Deed Instrument of the 1st (First) Issue of Simple Debentures, Not Convertible into Shares, Unsecured, with Additional Personal Guarantee, in 2 (Two) Series, for Public Distribution with Restricted Efforts, by Furnas Centrais Elétricas S.A., entered into between the Company, the Issuer and Planner Trustee Distribuidora de Títulos e Valores Mobiliários Ltda, on November 15, 2019, as amended on December 17, 2019, which are filed at the Company’s headquarters and website (www.eletrobras.com/ri) and on the CVM website (www.cvm.gov.br).
Rio de Janeiro, February 20, 2020
Elvira Cavalcanti Presta
CFO and Investor Relations Officer
This document may contain estimates and projections that are not statements of fact that occurred in the past but reflect our management beliefs and expectations and may constitute forward-looking statements and estimates under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words "believe", "may", "may", "estimate", "continue", "anticipate", "intend", "expect" and the like are intended to identify estimates that necessarily involve risks and uncertainties, known or unknown . Known risks and uncertainties include, but are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and value of the Real, changes in volumes and the pattern of electric energy use by consumer, competitive conditions, our level of indebtedness, the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric power plants, our financing and capital investment plans, existing and future government regulations , and other risks described in our annual report and other documents filed with CVM and SEC. Estimates and projections refer only to the date they were expressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future events. Future results of the Company's operations and initiatives may differ from current expectations and the investor should not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.