JSL S.A. ('JSL' or 'Company'), a publicly-held company, pursuant to Instruction 358 of the Brazilian Securities and Exchange Commission, of January 3, 2002, as amended, and article 157, paragraph 4, of Law 6,404, of December 15, 1976, as amended, hereby provides clarifications to its shareholders and the market in general on the news article published in Valor Econômico newspaper, on this date, about a possible issue of bonds in the international market by the Company.
The Company confirms that it is considering raising capital through a bond issue in the international market and that it is in the advanced stages of the related evaluation and feasibility study. However, the Company points out that the actual completion of the transaction is dependent upon several factors, including market conditions, the conclusion of the analysis and management's decision, and that the Company does not yet have corporate approval for the transaction.
The Company reiterates that, as part of its strategy to fund its activities and manage its debt profile, it is always prepared to seize funding opportunities, either in the local or in the international market.
Finally, the Company will keep the market informed about any developments related to the above transaction, if and when applicable, pursuant to the current legislation and regulations.
São Paulo, January 5, 2018
Denys Marc Ferrez
Investor Relations Officer
JSL SA published this content on 05 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 January 2018 19:39:05 UTC.
Original documenthttp://ri.jsl.com.br/conteudo_en.asp?idioma=1&tipo=30759&conta=44&id=251327
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JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services through six business lines: Road Cargo Transportation and Dedicated Road Cargo Logistics, involved in the supply chain and management of the information of the logistics chain of the customer; Commodity Logistics, which offers customized solutions for the paper and cellulose, mining and sugar-energy sectors; Internal Logistics, that consist on the internal handling of raw materials, products, inventory management and assembly line supply of the customer; Urban Distribution, which includes supply of points of sale and management of the return of packaging; Warehousing Services, dedicated to the reception, storage and dispatch of goods and inventory management; and Chartering, which provides transportation services for employees of companies that are customers through the other services provided by the Company. The Firm is controlled by Simpar SA.