Overview
- Correios signed a 15‑year loan with Caixa, Banco do Brasil, Bradesco, Itaú and Santander at roughly 115% of CDI under a federal guarantee.
- The extrato published in the Diário Oficial enables payouts of R$10 billion this year and R$2 billion by the end of January 2026.
- Proceeds will cover working capital and strategic investments and also settle urgent obligations such as salaries, precatórios and overdue debts.
- The financing is tied to a reorganization that includes a voluntary dismissal program for about 15,000 employees, closure of roughly 1,000 units and partnerships with the private sector.
- The approved deal followed the Treasury’s rejection of a costlier R$20 billion plan; officials set a special limit for the operation, and reports indicate additional funding may be needed in 2026.