SAO PAULO, Dec. 3 /PRNewswire-FirstCall/ -- ULTRAPAR PARTICIPACOES S.A. ("Ultrapar") (NYSE: UGP; BMF&BOVESPA: UGPA4) hereby informs that it concluded today the review of certain terms and conditions of its 3rd issuance of debentures, in the amount of R$ 1,200,000,000.00 (one billion two hundred million reais), issued on June 4th, 2009 ("Debentures").

Effective from December 4th, 2009, the remuneration of the Debentures was reduced to 108.5% of the CDI (Inter-financial deposits rate) and its maturity date was extended to December 4th, 2012.

The Debentures have yearly interest payments and amortization in one single tranche at the maturity date. Ultrapar may, at any time, through prior notice, early redeem the outstanding Debentures.

With these changes, Ultrapar reduces its cost of debt, providing higher financial flexibility and increase in soundness and liquidity.



    IR Contact
    E-mail: invest@ultra.com.br
    Telephone: + 55 11 3177-7014
    Website: www.ultra.com.br

SOURCE Ultrapar Participacoes S.A.