• Movida Participações received a Ba3 rating on May 11, 2026 for proposed senior unsecured notes to be issued by Movida Europe, with a stable outlook.
• Proceeds will fund a tender offer for its 2029 notes, supporting liability management without a material change in leverage.
• Debt/EBITDA improved to 3.4x as of March 2026 from 4.2x in December 2024, helped by lower fleet investment and tariff increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Movida Participações SA published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.