Key Update: Authorization of "Equity Swap" Derivative Agreements
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2025
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Source: Newsfilter
Equity Swap Agreement: Embraer S.A. has approved the execution of derivative agreements of "Equity Swap" with Banco Itaú Unibanco S.A. to manage share price fluctuations.
Settlement and Exposure Limits: The agreements will involve cash settlement within 12 months and a maximum exposure of up to 10,932,998 common shares, adhering to regulatory limits.
Financial Terms: The Equity Swap will allow Embraer to receive price variations and dividends from its shares while paying CDI plus a spread during the agreement's term.
Purpose of the Agreement: The primary aim of the Equity Swap is to mitigate share price fluctuations related to future payments under the company's long-term incentive plans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
