Brief: Brazil's Raizen secures 8.5 billion discount on 16.7 billion reais tax debt
BRIEF-Brazil's Raizen secures 8.5 billion discount on 16.7 billion reais tax debt Oct 28 (Reuters) - Raizen SA RAIZ4.SA:
ANNOUNCES FEDERAL TAX SETTLEMENT AGREEMENT - FILING
SECURES 8.5 BILLION REAIS TAX DEBT DISCOUNT ON 16.7 BILLION REAIS TAX DEBT
5.7 BILLION REAIS OF REMAINING TAX DEBT TO BE SETTLED USING TAX LOSSES, 2.5 BILLION REAIS IN CASH
Source text: ID:nBVSCDDnfa
Further company coverage: RAIZ4.SA
(Reporting by Sao Paulo newsroom)
((Andre.Romani@thomsonreuters.com;))