Notice to the Market – First Issuance of Debentures – Guarantee
Notice to the Market
HAPVIDA PARTICIPAÇÕES E INVESTIMENTOS S.A. (“Company”), a public held company, in continuity to the Material Fact disclosed to the market on June 17, 2019, whereby the Company communicated the approval of the first issuance of debentures, with the following characteristics: simple, non-convertible into shares, unsecured, with additional third party guarantee, up to 2 (two) series, amounting to a total of R$2,000,000,000.00 (two billion reais) (“Debentures” and “Issuance”, respectively), as rectified by the Company’s Board of Directors, hereby informs its shareholders and the market in general that the debentures will be subject to a third party guarantee from its subsidiary Ultra Som Serviços Médicos S.A. (“Ultra Som”), no longer having the third party guarantee from Hapvida Assistência Médica Ltda.
After the conclusion of São Francisco’s Group acquisition process represented for the total shares of GSFRP Participações S.A. (“GSFRP” and “São Francisco’s Group Acquisition”), the Debentures will also have a third party guarantee from GSFRP, which will jointly assume with Ultra Som, as a third party guarantor, all the obligations within the scope of the Debentures.
The Company will keep the market and its shareholders informed of any relevant updates related to the Issuance and the São Francisco’s Group Acquisition described herein.
Bruno Cals de Oliveira
CFO and Investor Relations Director