Official Recognition by the Regulator
The Capital Markets Commission (CMC) has officially confirmed receipt of the completion notice, recognizing that this operation "represents a historic milestone for the Angolan Capital Market" and constitutes "a significant contribution to the deepening of the market, expanding the range of available financial instruments, and strengthening the financing capacity of national companies."
This formal recognition by the regulatory authority underscores the relevance and impact of this transaction for the development of the national financial sector.
Transparency and Regulatory Compliance
In strict compliance with its legal obligations and as part of its commitment to transparency, Etu Energias formally notified the CMC of the full closure of the operation, demonstrating best practices in corporate governance and institutional relations.
Strategic Impact on the Market
The CMC highlighted that this issuance "reinforces investors' confidence in the effectiveness of this short-term financing instrument," emphasizing:
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Institutional investors’ confidence in Etu Energias’ strength and ability to meet commitments
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Validation of Commercial Paper as an efficient and agile corporate financing instrument
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Market deepening through the expansion of available financial instruments
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Strengthening of national companies’ financing capacity
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Development of the Angolan Capital Market ecosystem
Strategic Partnership and Technical Compliance
The operation involved Kyros – Sociedade Distribuidora de Valores Mobiliários, S.A. as the Intermediary Agent, as confirmed by the CMC. Kyros ensured the structuring and placement of the offering, as well as full compliance with all legal, regulatory, and operational requirements applicable to the transaction.
Legal Framework Confirmed by the CMC
The Capital Markets Commission reminded that, under Articles 18 and 19 of the Commercial Paper Legal Regime, as this was a private offering directed exclusively to institutional investors, the operation did not require prior approval from the regulator and was fully compliant with current legislation.
Commitment to the Market
With the official recognition from the CMC and the successful completion of this operation, Etu Energias reaffirms:
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Its financial strength and ability to honor commitments
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Its commitment to corporate governance and market best practices
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Transparency as a fundamental pillar in relations with investors, regulators, and stakeholders
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Its active role in developing the national Capital Market, contributing to a "historic milestone" as recognized by the CMC