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    Copel Distribuição (CPLE3) is registered as a publicly held company in category B

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    “It is a measure that further reinforces the company’s transparency, in line with the best governance practices,” said Copel (Money Times/Gustavo Kahil)

    THE Copel (CPLE3) informed that its wholly-owned subsidiary Copel Distribuição was registered the day before Securities and Exchange Commission (CVM) as a publicly-held company in category B, according to a statement on Friday.

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    The registration does not aim to issue shares, but makes it possible to diversify funding sources and optimize the debt profile.

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    “It is a measure that further reinforces the company’s transparency, in line with the best governance practices,” said Copel.

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    Source: Moneytimes

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