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Brazil's Azul says report about its debt options was misinterpreted
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Brazil's Azul says report about its debt options was misinterpreted
Sep 1, 2024 4:42 AM

SAO PAULO, Aug 29 (Reuters) - Brazilian airline Azul ( AZUL )

stated on Thursday that a recent Bloomberg report

saying the company was weighing options to address approaching

debt obligations was "wrongly interpreted".

Brazil-traded Azul ( AZUL ) shares fell more than 20% on Thursday on

the back of the report.

In a statement, Azul ( AZUL ) said it is in "active talks" with main

stakeholders to optimize its equity structure under an already

disclosed plan, with stakeholders, in general, showing support

for it.

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