Correios advanced in negotiating a new loan contract worth R$ 7 billion. The proposal was sent for analysis to the Ministry of Finance last week, which will evaluate the company's payment capacity.
The federal government is expected to be the guarantor of the financing, offering the guarantee for the loan. The agreement provides for early payment in two specific situations: if the privatization of Correios occurs or if the R$ 6 billion contribution is not made.
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