Overview
- Brazil’s state postal operator detailed a three‑phase plan through 2027 after formalizing a 15‑year, Union‑guaranteed loan arranged by Banco do Brasil, Caixa, Bradesco, Itaú and Santander at an effective cost near 115% of CDI, with R$10 billion disbursed now and R$2 billion in early 2026.
- The company said the fresh cash will restore liquidity by March 2026, prioritizing overdue salaries, precatórios and supplier debts to normalize operations and stabilize service levels.
- Core measures include a voluntary redundancy program targeting up to 15,000 exits over 2026–2027, closure of about 1,000 deficit agencies, asset sales estimated at R$1.5 billion and a revamp of the Postal Saúde plan.
- Management projects R$2.9 billion in savings in 2027 and a total annual impact of roughly R$7.4 billion from cost cuts and new partnerships, with a goal of returning to profit in 2027.
- President Emmanoel Rondon said roughly R$8 billion in additional financing remains under evaluation for 2026–2027, and Treasury secretary Rogério Ceron signaled close oversight as the company weighs another market operation or a possible federal capital injection.