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v3.23.1

LOANS, FINANCING AND DEBENTURES - Relevant transactions entered into the year (Details) - Funds raised from BNDES - BRL (R$) R$ in Thousands | Dec. 27, 2022 | Nov. 29, 2022 | Sep. 29, 2022 | Mar. 29, 2022
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2.33% BNDES, Due May 2036 |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Principle amount |  |  |  | R$ 243,000
Grace period |  |  |  | 2 years
2.33% BNDES, Due May 2036 | TLP |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Interest rate basis |  |  |  | Long-Term Rate (“TLP”), plus fixed interest of 2.33% p.a.
Basis spread (as a percent) |  |  |  | 2.33%
1.77% BNDES, Due November 2034 |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Principle amount |  |  | R$ 50,000 |
Grace period |  |  | 7 years |
1.77% BNDES, Due November 2034 | TLP |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Interest rate basis |  |  | Long-Term Rate (“TLP”), plus fixed interest of 1.77% p.a. |
Basis spread (as a percent) |  |  | 1.77% |
1.75% BNDES, Due October 2042 |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Principle amount |  | R$ 400,000 |  |
Grace period |  | 2 years |  |
1.75% BNDES, Due October 2042 | TLP |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Interest rate basis |  | Long-Term Rate (“TLP”), plus fixed interest of 1.75% p.a. |  |
Basis spread (as a percent) |  | 1.75% |  |
1.65% BNDES, Due December 2037 |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Principle amount | R$ 400,000 |  |  |
Grace period | 7 years |  |  |
1.65% BNDES, Due December 2037 | TLP |  |  |  |
LOANS, FINANCING AND DEBENTURES |  |  |  |
Interest rate basis | Long Term Rate (“TLP”), plus fixed interest of 1.65% p.a. |  |  |
Basis spread (as a percent) | 1.65% |  |  |

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