---
title: "Copel targets 2.9x net debt-to-Ebitda leverage under updated capital structure plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295108471.md"
description: "COPEL updated its capital structure plan, targeting a net debt-to-Ebitda leverage of 2.9x with a tolerance band of 2.6x-3.2x. The convergence window extends to 48 months. The company reaffirmed a minimum 75% dividend payout ratio and plans R$ 706 million in interest on equity payments for 2026."
datetime: "2026-08-06T12:36:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295108471.md)
  - [en](https://longbridge.com/en/news/295108471.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295108471.md)
generator: "portal-rs"
---

# Copel targets 2.9x net debt-to-Ebitda leverage under updated capital structure plan

-   COPEL reset its capital structure plan, targeting 2.9x net debt-to-recurring Ebitda with a 2.6x-3.2x tolerance band. \* Convergence window widened to as much as 48 months, extending the timeframe to reach the midpoint of the leverage range. \* Dividend planning reaffirmed a minimum 75% payout of annual net income, with payments scheduled at least twice a year. \* Shareholder returns plan includes R$ 706 million in interest on equity for 2026, set for payment on Sept. 30, 2026. 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. COPEL - Companhia Paranaense de Energia published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**