SABESP Announces Agreement with the State of Sao Paulo and DAEE
SAO PAULO, March 18, 2015 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), pursuant to CVM Instruction 358 of January 3rd, 2002 and amendments thereto, hereby informs its shareholders and the market in general that, on March 18, 2015 the Company, the State of Sao Paulo and the Department of Water and Electricity - DAEE, with the intervention of the Department of Sanitation and Water Resources, executed a Term of Agreement.
The amount of the current agreement is R$1,012,310,095.16, of which R$696,283,465.49 refers to the principal ("Principal Amount") and R$316,026,629.67 refers to the monetary adjustment of the principal until February 2015.
The full text of this new agreement is available in Portuguese on the Company's website: www.sabesp.com.br. The English version will be made available by Friday, March 20, 2015.
IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 ([email protected])
Angela Beatriz Airoldi: (55 11) 3388-8793 ([email protected])
SOURCE SABESP
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