Magazine Luiza SA (MGLU3.SA)

MGLU3.SA on Sao Paulo Stock Exchange

23 May 2018
Change (% chg)

R$ -2.44 (-2.14%)
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R$ 114.00
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R$ 113.29
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R$ 110.02
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Latest Key Developments (Source: Significant Developments)

S&P affirms rating of Magazine Luiza at "brA+" on national scale
Thursday, 16 Jun 2016 

Magazine Luiza SA :Announced on Wednesday that Standard and Poor's Ratings Services reaffirmed the company's rating at "brA+" on the national scale and attributed "brA+" rating to the sixth issue of its debentures.  Full Article

Magazine Luiza announces issue of debentures
Wednesday, 8 Jun 2016 

Magazine Luiza SA : Announced on Tuesday that its board approved the sixth issue of unsecured non-convertible debentures, in a single series, for public distribution with restricted placement efforts . To issue 10,000 debentures, totalling 100.0 million Brazilian reais ($29.1 million) . The issue date is June 20, the validity period is 2 years .The proceeds to be allocated to early redemption or optional acquisition of the debentures of the third issue and to recomposition of the company's cash balance.  Full Article

Brazil's Magazine Luiza eyes M&A for payments, plans to sell apparel

SAO PAULO Magazine Luiza SA , Brazil's third-biggest online retailer by sales, is looking to improve its payment systems either through internal development or by acquiring startups, Chief Executive Frederico Trajano said on Tuesday.