CVC Corp extends debt maturities to 2029, lowers coupon to CDI+3.9%

Brazilian travel company CVC Corp announced a debt renegotiation, extending maturities from 2026/2027 to 2029 and reducing the spread from CDI+4.5% to CDI+3.9%. This improves the company's liquidity profile and reduces interest costs, signaling improved credit access. The move is a positive credit event for the company, though it reflects prior financial stress.