São Carlos announces completed sale of Centro Empresarial do Aço
On September 20th 2017, São Carlos Empreendimentos e Participações completed the sale of Centro Empresarial do Aço, located at Avenida do Café, 277, in São Paulo.
Read below Relevant Fact disclosed to the market:
São Carlos Empreendimentos e Participações S.A. (“São Carlos”) (B3: SCAR3) hereby announces, in compliance with Article 157, paragraph 4, of Law 6,404/76 and CVM Rule 358/02, as amended, that on this date the Company executed a Private Irrevocable Instrument to Sell Quotas to divest the subsidiary SC São Paulo CE Aço Empreendimentos e Participações Ltda. (“SPE”), in the amount of R$296,000,000.00 (two hundred ninety-six million reais), including the SPE’s financing outstanding balance.