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Notice to the Market - Reverse Auction

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São Paulo, March 20, 2018 - Triunfo Participações e Investimentos S.A. (“Company”) (B3: TPIS3), in addition to the Notices to the Market published on February 21, March 8 and 20, 2018, informs its shareholders, the Creditors Covered by its Out-of-Court Reorganization Plan (“Plan”) together with some of its subsidiaries, and the market in general that after the Reverse Auction as provided in the Plan, R$250,4 million of the Covered Creditors were contemplated, resulting in a 55.3% discount in relation to the R$112.0 million made available by the Company.
The payment of R$112.0 million to the contemplated creditors will be made as soon as the decision published on March 19, 2018 prohibiting the payment to those creditors, as published on the Notice to the Market of March 20, 2018, is reversed.
Click here for the PDF file.
20 March 2018